
JHX: Is James Hardie Industries plc Halal?
James Hardie Industries plc
$30.43
-1.97%
Market Cap: 17.7B
Compliance Status
Doubtful
Screened on Sep 2, 2026 · AAOIFI Standard 21
Good
Is James Hardie Industries plc (JHX) halal? Doubtful. Based on AAOIFI screening, James Hardie Industries plc passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 77/100 (Grade: B+).
Quote this verdict
HalalScreener rates James Hardie Industries plc (JHX) Doubtful, 77/100, grade B+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/JHX
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%.
What this means for you
You may own JHX, 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 JHX's prohibited income, but the exact share you would need to purify is part of Pro.
About James Hardie Industries plc
James Hardie Industries plc (JHX) operates as a prominent global producer and supplier of construction materials, focusing on fiber cement, fiber gypsum, and cement-bonded solutions. These products are utilized for both internal and external building applications across key markets including the United States, Australia, Europe, New Zealand, the Philippines, and Canada. The company's activities are organized into three primary business segments: North America Fiber Cement, Asia Pacific Fiber Cement, and Europe Building Products. Its extensive portfolio of fiber cement offerings encompasses interior wall linings, exterior cladding systems, and associated complementary items. James Hardie also provides various fiber cement components suitable for a broad spectrum of uses, such as external panels, internal partitions, flooring, ceilings, eaves, decorative trim, fencing, and architectural facades. Additionally, the firm delivers fiber gypsum and cement-bonded boards tailored for specific purposes, including structural fire protection, dry lining installations, timber frame construction, and do-it-yourself projects. These versatile materials are widely adopted in diverse construction sectors, notably new home building and commercial property development. Established in 1888, James Hardie Industries plc maintains its corporate headquarters in Dublin, Ireland.
Sector: Basic Materials · Industry: Construction Materials
Why This Stock Is Doubtful
- Debt is 25.8% of market cap, only 4.2 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
Compliance History
Doubtfulnow
since Sep 2026
Halal
until the change above
Doubtful
until the change above
Halal
until the change above
Tracked since May 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.