Is Olympic Steel, Inc. ZEUS stock halal to invest in?

No, as of February 2026, Olympic Steel, Inc. stock (ZEUS) 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. Olympic Steel, Inc. 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 Olympic Steel, Inc. and alternative halal stock options within the Tabadulat app.

How often is Olympic Steel, Inc. ZEUS reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Olympic Steel, Inc. ZEUS 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 Olympic Steel, Inc. ZEUS pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Olympic Steel, Inc. stock (ZEUS) 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 Olympic Steel, Inc. ZEUS pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, Olympic Steel, Inc. stock (ZEUS) 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, Olympic Steel, Inc. stock (ZEUS) 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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Olympic Steel, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

ZEUS

About

Olympic Steel, Inc.

ZEUS

Olympic Steel Inc. is a prominent company in the metals service center industry, specializing in the processing and distribution of various metal products. The company provides a wide array of services including flattening, cutting, and custom fabrications to meet the diverse needs of its clientele. Olympic Steel focuses primarily on carbon, stainless steel, and aluminum products, catering to industries such as automotive, manufacturing, construction, and transportation. With a strategic network of facilities spread across North America, the company ensures efficient distribution and accessibility of its products to clients. Established in 1954 and headquartered in Cleveland, Ohio, Olympic Steel has built a reputation for delivering high-quality metal solutions, adding to its market significance as a reliable partner in the supply chain of industrial metal consumption. By focusing on value-added services and maintaining a robust logistics framework, Olympic Steel plays a crucial role in supporting the infrastructure and growth of various sectors by streamlining their metal processing needs.

Sector:

Basic Materials

Industry:

Steel

Employees:

2181

Website:

https://www.olysteel.com

ZEUS

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Olympic Steel, Inc.

About

Olympic Steel, Inc.

ZEUS

Frequently asked questions

Is Olympic Steel, Inc. ZEUS stock halal to invest in?

How often is Olympic Steel, Inc. ZEUS reviewed for Shariah compliance?

Does Olympic Steel, Inc. ZEUS pass the AAOIFI Non Permissible Income criteria?

Does Olympic Steel, Inc. ZEUS pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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