Is MESABI TRUST (MSB) Halal?

NYSE Basic Materials United States $401M
✗ NOT HALAL
Confidence: 83/100
MESABI TRUST (MSB) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 7.68% exceeds the 5% threshold allowed under AAOIFI. MESABI TRUST operates in the Basic Materials sector.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.0%
/ 30%
25.5%
/ 30%
0.4%
/ 30%
7.68%
/ 5%
✗ NOT HALAL
DJIM 0.0%
/ 33%
25.5%
/ 33%
0.4%
/ 33%
7.68%
/ 5%
✗ NOT HALAL
MSCI 0.0%
/ 33%
98.5%
/ 33%
1.4%
/ 33%
7.68%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
25.5%
/ 33%
0.4%
/ 33%
7.68%
/ 5%
✗ NOT HALAL
FTSE 0.0%
/ 33%
98.5%
/ 33%
1.4%
/ 50%
7.68%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
23.3
Forward: -1.5
EPS
$1.31
Dividend Yield
419.0%
Payout: 77.8%
P/B Ratio
19.0
Revenue
$25M
Growth: -54.1%
Beta
0.5
Low volatility
Current Ratio
5.3

Profitability

Gross Margin 100.0%
Operating Margin 77.1%
Net Margin 82.8%
Return on Equity (ROE) 29.6%
Return on Assets (ROA) 17.1%

Cash Flow & Balance Sheet

Operating Cash Flow$94M
Free Cash Flow$94M
Current Ratio5.3
Total Assets$102M

Price & Trading

Last Close$30.78
50-Day MA$33.07
200-Day MA$31.86
Avg Volume57K
Beta0.5
52-Week Range
$22.55
$42.38

About MESABI TRUST (MSB)

Sector
Basic Materials
Industry
Steel
Country
United States
Exchange
NYSE
Market Cap
$401M
Currency
USD

Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.

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Frequently Asked Questions

Is MESABI TRUST (MSB) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MESABI TRUST 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 MESABI TRUST's debt ratio?

MESABI TRUST's debt ratio is 0.0% 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 0.0%.

What are MESABI TRUST's key financial metrics?

MESABI TRUST has a market capitalization of $401M, trailing P/E ratio of 23.3, and revenue of $25M. The company maintains a gross margin of 100.0% and a net margin of 82.8%. Return on equity stands at 29.6%.

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.