Is Magellan Aerospace Corp. MAL stock halal to invest in?

No, as of February 2026, Magellan Aerospace Corp. stock (MAL) 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. Magellan Aerospace Corp. 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 Magellan Aerospace Corp. and alternative halal stock options within the Tabadulat app.

How often is Magellan Aerospace Corp. MAL reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Magellan Aerospace Corp. MAL 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 Magellan Aerospace Corp. MAL pass the AAOIFI Non Permissible Income criteria?

No, as of February 2026, Magellan Aerospace Corp. stock (MAL) does not pass the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does Magellan Aerospace Corp. MAL pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Magellan Aerospace Corp. stock (MAL) 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?

Yes, as of February 2026, Magellan Aerospace Corp. stock (MAL) passes the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt is below the acceptable threshold set by AAOIFI.

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Magellan Aerospace Corp.

TSX

Shariah-Compliant

Not Shariah

MAL

About

Magellan Aerospace Corp.

MAL

Magellan Aerospace Corporation is a prominent player in the aerospace industry, engaged in the engineering and manufacturing of aeroengine and aerostructure components for international markets. The company is known for its innovative approach in designing and producing systems and components for aircraft manufacturers, space platforms, and defense industries. Magellan Aerospace’s work is pivotal in sectors ranging from commercial aviation to military and space exploration, reflecting its versatile expertise. The corporation is responsible for the production of complex assembly lines and the development of advanced technology solutions, contributing significantly to the operational capabilities of modern aerospace infrastructure. With a strategic focus on sustainability and technological advancement, Magellan plays a crucial role in addressing contemporary challenges in the aerospace sector. Its contributions emphasize the importance of innovation and precision engineering, thereby reinforcing its market significance and influence in global aerospace dynamics.

Sector:

Industrials

Industry:

Aerospace & Defense

Employees:

3815

Website:

https://www.magellan.aero

MAL

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Magellan Aerospace Corp.

About

Magellan Aerospace Corp.

MAL

Frequently asked questions

Is Magellan Aerospace Corp. MAL stock halal to invest in?

How often is Magellan Aerospace Corp. MAL reviewed for Shariah compliance?

Does Magellan Aerospace Corp. MAL pass the AAOIFI Non Permissible Income criteria?

Does Magellan Aerospace Corp. MAL pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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