How often is ArcelorMittal SA MT reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on ArcelorMittal SA MT monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does ArcelorMittal SA MT pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, ArcelorMittal SA stock (MT) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does ArcelorMittal SA MT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, ArcelorMittal SA stock (MT) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, ArcelorMittal SA stock (MT) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

How can I check the latest Shariah compliance status of ArcelorMittal SA stock?

You can check the current status of ArcelorMittal SA at any time in the Tabadulat app or with the free Halal stock screener on this site. Tabadulat re-screens every listed stock monthly against AAOIFI Shariah Standard No. 21, so the status shown always reflects the most recent screening data, and app users are notified if a holding in their portfolio changes status.

Can the Shariah compliance status of ArcelorMittal SA stock change?

Yes. Compliance is reassessed every month as new financial data arrives. Because AAOIFI screens measure non-permissible income against revenue, and interest bearing debt and investments against market capitalisation, a stock can move in either direction when its financials or market value change. If ArcelorMittal SA changes status, the update appears in the app and on this page after the next monthly screening.

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Is ArcelorMittal SA MT stock halal to invest in?

Q: Is ArcelorMittal SA MT stock halal to invest in?

No, as of February 2026, ArcelorMittal SA stock (MT) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. ArcelorMittal SA has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for ArcelorMittal SA and alternative halal stock options within the Tabadulat app.

NYSE

Shariah-Compliant

Not Shariah

Sector:

Basic Materials

Industry:

Steel

Employees:

125416

Website:

https://corporate.arcelormittal.com

Market cap:

$56.7B

P/E ratio:

31.3

Dividend yield:

0.39%

52-week range:

$32.47 - $76.62

Data as of:

3 September 2026

Screening history:

ArcelorMittal S.A. is a prominent global leader in the steel and mining industry. This multinational corporation, headquartered in Luxembourg, primarily focuses on the production of steel for various applications. It operates across a range of industries, including automotive, construction, household appliances, and packaging. ArcelorMittal is renowned for its comprehensive production capabilities, from raw material extraction to the completion of finished steel products. Before any of that matters to a Muslim investor, one question comes first: is ArcelorMittal stock Halal?

Is ArcelorMittal Shariah compliant?

For a resources company like ArcelorMittal, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.

Does ArcelorMittal pass the business activity test?

The activity screen is only part of the picture this month: ArcelorMittal currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.

Is ArcelorMittal's income Halal?

Yes, within AAOIFI's tolerance. ArcelorMittal's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.

Does ArcelorMittal meet AAOIFI's debt and investment ratio requirements?

Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?

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