HMH Holding Inc. Class A Common Stock

HMH: Is HMH Holding Inc. Class A Common Stock Halal?

HMH Holding Inc. Class A Common Stock

NASDAQEnergyUS

$20.09

+0.90%

Market Cap: 897.8M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is HMH Holding Inc. Class A Common Stock (HMH) halal? Not Halal. Based on AAOIFI screening, HMH Holding Inc. Class A Common Stock passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

37.9% of 30.0% limit

What this means for you

Most scholars advise not holding HMH

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About HMH Holding Inc. Class A Common Stock

HMH Holding Inc. specializes in delivering essential, purpose-built equipment solutions critical for both offshore and onshore oil and natural gas extraction. Their offerings span drilling apparatus, support services, and comprehensive systems. The company operates through two distinct primary divisions: Equipment and System Solutions, and Pressure Control Systems. The Equipment and System Solutions segment provides holistic drilling configurations, encompassing complete topside drilling setups and related services, for its diverse land-based and marine oil and gas clientele. Meanwhile, the Pressure Control Systems segment focuses on supplying a range of integrated products and complementary services for drilling operations. HMH Holding Inc. was established on April 29, 2024, and its corporate headquarters are located in Houston, Texas.

Sector: Energy · Industry: Oil & Gas Equipment & Services

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: FMP

Halal Alternatives in Energy

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is HMH Holding Inc. Class A Common Stock (HMH) halal to invest in?
HMH Holding Inc. Class A Common Stock (HMH) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did HMH Holding Inc. Class A Common Stock get a F compliance rating?
HMH Holding Inc. Class A Common Stock (HMH) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 37.9% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change HMH Holding Inc. Class A Common Stock's Shariah verdict?
HMH Holding Inc. Class A Common Stock'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 HMH Holding Inc. Class A Common Stock re-screened for Shariah compliance?
HMH Holding Inc. Class A Common Stock (HMH) 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: Aug 12, 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.