Holcim Ltd

HCMLY: Is Holcim Ltd Halal?

Holcim Ltd

OTCBasic MaterialsCH

$18.05

-0.88%

Market Cap: 49.9B

Compliance Status

Halal

Screened on Jul 24, 2026 · AAOIFI Standard 21

B

Acceptable

67Score

Is Holcim Ltd (HCMLY) halal? Halal. Based on AAOIFI screening, Holcim Ltd passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 67/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

23.3% of 30.0% limit

What this means for you

You can own HCMLY

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Holcim Ltd

Holcim Ltd, a venerable company founded in 1833 and headquartered in Zug, Switzerland, functions as a global provider of construction materials and innovative solutions. Its expansive operations span across major regions, including Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. The company structures its business into four primary divisions: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. Its product portfolio encompasses fundamental construction components like cement, specialized hydraulic binders, clinker, and various other cementitious substances. Holcim also supplies aggregates, including crushed stone, gravel, and sand, alongside ready-mix concrete, precast concrete elements, asphalt, and diverse mortars. Additionally, the company extends its offerings to include contracting services, retail operations, and comprehensive waste management solutions. These materials and services are integral to a wide spectrum of construction endeavors, spanning: Infrastructure projects: such as roads, mining facilities, ports, dams, data centers, sports arenas, renewable energy sites like wind farms, and electric power plants. Building projects: encompassing residential developments (individual and collective), corporate offices, industrial and commercial facilities, and public sector structures. Affordable housing initiatives. Formerly known as LafargeHolcim Ltd, the company adopted its current name, Holcim Ltd, in May 2021.

Sector: Basic Materials · Industry: Construction Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 24, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP-ADR
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Frequently Asked Questions

Is Holcim Ltd (HCMLY) halal to invest in?
Based on AAOIFI Standard 21 screening, Holcim Ltd (HCMLY) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Holcim Ltd get a B compliance rating?
Holcim Ltd (HCMLY) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Holcim Ltd's Shariah verdict?
Holcim Ltd's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Holcim Ltd re-screened for Shariah compliance?
Holcim Ltd (HCMLY) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 24, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.