Is ArcelorMittal (MT) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 27.2% / 30% | 15.1% / 30% | 13.3% / 30% | 0.64% / 5% | ✓ HALAL |
| DJIM | 27.2% / 33% | 15.1% / 33% | 13.3% / 33% | 0.64% / 5% | ✓ HALAL |
| MSCI | 12.9% / 33% | 7.2% / 33% | 6.3% / 33% | 0.64% / 5% | ✓ HALAL |
| S&P | 27.2% / 33% | 15.1% / 33% | 13.3% / 33% | 0.64% / 5% | ✓ HALAL |
| FTSE | 12.9% / 33% | 7.2% / 33% | 6.3% / 50% | 0.64% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 7.5% | |
| Operating Margin | -5.1% | |
| Net Margin | 5.1% | |
| Return on Equity (ROE) | 6.0% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $4.8B |
| Free Cash Flow | $471M |
| Total Debt | $13.4B |
| Debt-to-Equity | 23.7 |
| Current Ratio | 1.4 |
| Total Assets | $97.7B |
Price & Trading
| Last Close | $51.01 |
| 50-Day MA | $57.08 |
| 200-Day MA | $42.35 |
| Avg Volume | 1.9M |
| Beta | 1.7 |
|
52-Week Range
$23.20
| |
About ArcelorMittal (MT)
ArcelorMittal S.A., together with its subsidiaries, operates as integrated steel and mining companies in the Americas, Europe, Asia, and Africa. It offers semi-finished flat products, including slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, tinplate, and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products consisting of bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. The company also provides mining products, such as iron ore lumps, fines, concentrate, pellets, and sinter feeds; and coking coal. It sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, and distributors. The company operates iron ore mining activities in Brazil, Bosnia, Liberia, Mexico, South Africa, and Ukraine, as well as in India and in Canada. ArcelorMittal S.A. was founded in 1976 and is headquartered in Luxembourg, Luxembourg.
Purification Calculator
As a halal stock with 0.64% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ArcelorMittal (MT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ArcelorMittal is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is ArcelorMittal's debt ratio?
ArcelorMittal's debt ratio is 27.2% 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 12.9%.
Does ArcelorMittal require dividend purification?
Yes, ArcelorMittal has an impermissible income ratio of 0.64%, which means 0.64% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are ArcelorMittal's key financial metrics?
ArcelorMittal has a market capitalization of $38.0B, trailing P/E ratio of 12.1, and revenue of $61.4B. The company maintains a gross margin of 7.5% and a net margin of 5.1%. Return on equity stands at 6.0%.
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.