
HWM: Is Howmet Aerospace Inc. Halal?
Howmet Aerospace Inc.
$272.43
+0.46%
Market Cap: 109.0B
Compliance Status
Halal
Screened on Jul 20, 2026 · AAOIFI Standard 21
Excellent
Is Howmet Aerospace Inc. (HWM) halal? Halal. Based on AAOIFI screening, Howmet Aerospace Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own HWM
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purify 0.3% of your income from HWM
That is about $0.30 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Howmet Aerospace Inc.
Howmet Aerospace Inc., headquartered in Pittsburgh, Pennsylvania, and originally established in 1888 as Arconic Inc., is a global leader in providing sophisticated engineered solutions. The company caters to the aerospace and transportation sectors across a wide international footprint, including key markets such as the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, and China. Its business operations are structured into four main segments: Engine Products: This division manufactures critical components like airfoils and seamless rolled rings, primarily utilized in aircraft engines and industrial gas turbines, alongside various rotating and structural parts. Fastening Systems: This segment specializes in producing aerospace-grade fastening systems, as well as fasteners for commercial transportation, general industrial applications, and other uses. Engineered Structures: Responsible for supplying titanium ingots and mill products for aerospace and defense applications, this segment also provides aluminum and nickel forgings, and precision machined components and assemblies. Forged Wheels: This segment focuses on offering forged aluminum wheels and associated products specifically for the heavy-duty truck and commercial transportation markets.
Sector: Industrials · Industry: Aerospace & Defense
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Halal
before we began tracking
Tracked since Apr 2026. Updates automatically on each re-screen.
More Industrials Stocks
Track HWM and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Howmet Aerospace Inc. (HWM) halal to invest in?
Why did Howmet Aerospace Inc. get a A+ compliance rating?
What could change Howmet Aerospace Inc.'s Shariah verdict?
How often is Howmet Aerospace Inc. re-screened for Shariah compliance?
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.