Is Sherritt International Corp. S stock halal to invest in?

No, as of February 2026, Sherritt International Corp. stock (S) 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. Sherritt International 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 Sherritt International Corp. and alternative halal stock options within the Tabadulat app.

How often is Sherritt International Corp. S reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Sherritt International Corp. S 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 Sherritt International Corp. S pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Sherritt International Corp. stock (S) 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 Sherritt International Corp. S pass the AAOIFI Interest Bearing Investments criteria?

No, as of February 2026, Sherritt International Corp. stock (S) does not pass the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments have exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Sherritt International Corp. stock (S) 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.

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Sherritt International Corp.

TSX

Shariah-Compliant

Not Shariah

About

Sherritt International Corp.

S

Sherritt International Corp. is a prominent player in the natural resource sector, primarily focused on mining and refining metals. The company specializes in the extraction and processing of nickel and cobalt, which are critical components used in the production of batteries, especially for electric vehicles. Additionally, Sherritt is known for its joint venture operations in Cuba, where it is a leading producer of oil and gas, further diversifying its portfolio. The firm also operates power generation facilities in the country, contributing significantly to Cuba's energy sector. Founded in 1927 and headquartered in Toronto, Canada, Sherritt plays a vital role in the global supply chain for battery metals, aligning with the growing demand for sustainable energy solutions. Its operations highlight its commitment to sustainable and responsible mining practices, making it a key participant in the movement towards green technology. The company’s influence is felt across various industries, from automotive to technology, underscoring the critical importance of resource management in advancing modern infrastructure.

Sector:

Basic Materials

Industry:

Other Industrial Metals & Mining

Employees:

Website:

https://www.sherritt.com

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Sherritt International Corp.

About

Sherritt International Corp.

S

Frequently asked questions

Is Sherritt International Corp. S stock halal to invest in?

How often is Sherritt International Corp. S reviewed for Shariah compliance?

Does Sherritt International Corp. S pass the AAOIFI Non Permissible Income criteria?

Does Sherritt International Corp. S pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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