Is Commercial Metals Co. CMC stock halal to invest in?

No, as of August 2026, Commercial Metals Co. stock (CMC) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Commercial Metals Co. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Commercial Metals Co. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Commercial Metals Co. CMC reviewed for Shariah compliance?

Tabadulat reviews Commercial Metals Co. CMC 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 Monthly screening ensures the status shown for Commercial Metals Co. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Commercial Metals Co. CMC pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Commercial Metals Co. stock (CMC) 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. Commercial Metals 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 Commercial Metals Co. CMC pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Commercial Metals Co. stock (CMC) 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). Commercial Metals 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 Commercial Metals Co. CMC pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Commercial Metals Co. stock (CMC) does not pass 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. Commercial Metals Co.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Commercial Metals Co. CMC stock?

Commercial Metals Co. (CMC) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Commercial Metals Co. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Commercial Metals Co. CMC pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Commercial Metals Co. stock (CMC) 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. Commercial Metals 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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Commercial Metals Co.

NYSE

Shariah-Compliant

Not Shariah

CMC

About

Commercial Metals Co.

CMC

Commercial Metals Company is a leading manufacturer and recycler of steel and metal products. The company plays a critical role in the metal industry by producing a variety of steel products, including recycled long steel and products for the construction and infrastructure sectors. Its primary operations involve the recycling of scrap metal into new steel products via its mini-mills, providing an eco-friendly and efficient method of production that supports sustainability. Commercial Metals Company serves a wide range of industries, including construction, manufacturing, and infrastructure, offering products like steel beams, sticks, and reinforcing bars which are essential in building and construction projects. In addition to its production capabilities, the company's downstream operations offer an array of fabricating services, enabling tailored solutions and enhancing its value chain presence. Based in Irving, Texas, Commercial Metals Company has a significant market presence not only in the United States but also in international markets. The company contributes to economic growth by supporting a variety of building and infrastructure projects, reflecting its status as a pivotal entity in the industrial and materials sectors within the global economy.

Sector:

Basic Materials

Industry:

Steel

Employees:

13178

Website:

https://www.cmc.com

CMC

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Commercial Metals Co.

About

Commercial Metals Co.

CMC

Frequently asked questions

Is Commercial Metals Co. CMC stock halal to invest in?

How often is Commercial Metals Co. CMC reviewed for Shariah compliance?

Does Commercial Metals Co. CMC pass the AAOIFI Non Permissible Income criteria?

Does Commercial Metals Co. CMC pass the AAOIFI Interest Bearing Investments criteria?

Does Commercial Metals Co. CMC pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Commercial Metals Co. CMC stock?

Does Commercial Metals Co. CMC pass the AAOIFI Preference Share screen?

Can I buy Commercial Metals (CMC) stock on Tabadulat?

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