
HCMLY: Is Holcim Ltd Halal?
Holcim Ltd
$16.60
-1.07%
Market Cap: 45.9B
Screened on a market cap of 37.7B
Compliance Status
Doubtful
Screened on Sep 16, 2026 · AAOIFI Standard 21
Acceptable
Is Holcim Ltd (HCMLY) halal? Doubtful. Based on AAOIFI screening, Holcim Ltd passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 64/100 (Grade: B).
Quote this verdict
HalalScreener rates Holcim Ltd (HCMLY) Doubtful, 64/100, grade B under AAOIFI Standard 21, screened Sep 16, 2026. Source: https://halalscreener.app/en/stock/HCMLY
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
You may own HCMLY, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened HCMLY's prohibited income, but the exact share you would need to purify is part of Pro.
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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
Why This Stock Is Doubtful
- Interest-bearing debt is 25.3% of market cap, only 4.7 points below the 30% AAOIFI limit.
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
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The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Doubtfulnow
since Sep 2026
Halal
until the change above
Tracked since Jun 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.