Is Century Aluminum Co. CENX stock halal to invest in?

Yes, as of August 2026, Century Aluminum Co. stock (CENX) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Century Aluminum Co. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.68%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Century Aluminum Co. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Century Aluminum Co. CENX reviewed for Shariah compliance?

Tabadulat reviews Century Aluminum Co. CENX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Century Aluminum Co. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Century Aluminum Co. CENX pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Century Aluminum Co. stock (CENX) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Century Aluminum Co.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Century Aluminum Co. CENX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Century Aluminum Co. stock (CENX) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Century Aluminum Co.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Century Aluminum Co. CENX pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Century Aluminum Co. stock (CENX) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Century Aluminum Co.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Century Aluminum Co. CENX stock?

As of August 2026, the dividend purification factor for Century Aluminum Co. (CENX) is 99.68%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Century Aluminum Co. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Century Aluminum Co. CENX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Century Aluminum Co. stock (CENX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Century Aluminum Co. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Century Aluminum Co.

NASDAQ

Shariah-Compliant

Not Shariah

CENX

About

Century Aluminum Co.

CENX

Century Aluminum Company is a producer of primary aluminum, a versatile and widely used metal in numerous industries. The company's operations include facilities in the United States and Iceland, where it focuses on the production of high-purity aluminum products. These products are crucial in manufacturing sectors, such as automotive, aerospace, construction, and packaging, where lightweight, durable, and corrosion-resistant materials are in demand. The primary function of Century Aluminum Company is to provide the raw aluminum needed for further industrial processing and manufacturing, fulfilling a key role in the supply chains of its clients. The company is integral to the aluminum industry, contributing to the global supply of this essential metal and impacting various sectors that rely on its attributes. Recognized for its commitment to quality and sustainability, Century Aluminum Company also emphasizes environmentally responsible production processes, tapping into clean energy sources where feasible. As part of the metals and mining sector, the company's market significance lies in its ability to maintain steady supplies of aluminum, balancing market demands with production capabilities.

Sector:

Basic Materials

Industry:

Aluminum

Employees:

2971

Website:

https://centuryaluminum.com

CENX

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Century Aluminum Co.

About

Century Aluminum Co.

CENX

Frequently asked questions

Is Century Aluminum Co. CENX stock halal to invest in?

How often is Century Aluminum Co. CENX reviewed for Shariah compliance?

Does Century Aluminum Co. CENX pass the AAOIFI Non Permissible Income criteria?

Does Century Aluminum Co. CENX pass the AAOIFI Interest Bearing Investments criteria?

Does Century Aluminum Co. CENX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Century Aluminum Co. CENX stock?

Does Century Aluminum Co. CENX pass the AAOIFI Preference Share screen?

How do I buy Century Aluminum (CENX) stock?

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