Is MP Materials Corp. / DE (MP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.8% / 30% | 8.2% / 30% | 0.6% / 30% | 45.82% / 5% | ✗ NOT HALAL |
| DJIM | 8.8% / 33% | 8.2% / 33% | 0.6% / 33% | 45.82% / 5% | ✗ NOT HALAL |
| MSCI | 39.2% / 33% | 36.5% / 33% | 2.7% / 33% | 45.82% / 5% | ✗ NOT HALAL |
| S&P | 8.8% / 33% | 8.2% / 33% | 0.6% / 33% | 45.82% / 5% | ✗ NOT HALAL |
| FTSE | 39.2% / 33% | 36.5% / 33% | 2.7% / 50% | 45.82% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 30.0% | |
| Operating Margin | -0.9% | |
| Net Margin | -31.2% | |
| Return on Equity (ROE) | -5.0% | |
| Return on Assets (ROA) | -2.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$156M |
| Free Cash Flow | -$328M |
| Total Debt | $1.0B |
| Debt-to-Equity | 43.2 |
| Current Ratio | 7.3 |
| Total Assets | $3.9B |
Price & Trading
| Last Close | $51.70 |
| 50-Day MA | $59.94 |
| 200-Day MA | $60.39 |
| Avg Volume | 7.5M |
| Beta | 1.6 |
|
52-Week Range
$18.64
| |
About MP Materials Corp. / DE (MP)
MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics. The Materials segment owns and operates the Mountain Pass Rare Earth Mine and Processing facility located near Mountain Pass, San Bernardino County, California. The Magnetics segment produces magnetic precursor products, including NdPr metal; and manufactures NdFeB permanent magnets. MP Materials Corp. was founded in 2017 and is headquartered in Las Vegas, Nevada.
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Frequently Asked Questions
Is MP Materials Corp. / DE (MP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MP Materials Corp. / DE is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MP Materials Corp. / DE's debt ratio?
MP Materials Corp. / DE's debt ratio is 8.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 39.2%.
What are MP Materials Corp. / DE's key financial metrics?
MP Materials Corp. / DE has a market capitalization of $9.2B, and revenue of $224M. The company maintains a gross margin of 30.0% and a net margin of -31.2%. Return on equity stands at -5.0%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.