Kaiser Aluminum Corporation

KALU: Is Kaiser Aluminum Corporation Halal?

Kaiser Aluminum Corporation

NASDAQBasic MaterialsUS

$185.50

+2.07%

Market Cap: 3.0B

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Kaiser Aluminum Corporation (KALU) halal? Not Halal. Based on AAOIFI screening, Kaiser Aluminum Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Kaiser Aluminum Corporation (KALU) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/KALU

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%.

40.0% of 30.0% limit

What this means for you

Most scholars advise not holding KALU

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Kaiser Aluminum Corporation

Kaiser Aluminum Corporation is a global producer and vendor of specialized, semi-finished aluminum mill products, operating both domestically within the United States and internationally. Their diverse product portfolio encompasses aluminum items manufactured through rolling, extrusion, and drawing processes. These are essential for various industries, including aerospace and defense, automotive, general engineering, and for the packaging of food and beverages. For the automotive sector, Kaiser Aluminum provides extruded components used in structural parts, crash management systems, and anti-lock braking systems. They also supply drawn tubes for drive shafts and offer value-added fabrication services, such as precise sawing and cutting to specific lengths. Their packaging division specializes in bare and coated aluminum coils, primarily from the 3000- and 5000-series alloys, which are extensively utilized in the beverage and food packaging industry. In the realm of general engineering, the company offers a comprehensive range of alloy products, including plates, sheets, rods, bars, tubes, wires, and standard extrusion shapes. These products find application in a multitude of areas, such as the construction of military vehicles, ordnance, semiconductor manufacturing cells, electronic devices, aftermarket motor sport components, tooling plates, various parts for machinery and equipment, and fasteners like bolts, screws, nails, and rivets. Additionally, Kaiser Aluminum supplies rerolled, extruded, drawn, and cast billet aluminum products, catering to a broad spectrum of industrial end uses. The company markets its products directly to customers via its sales teams located in the United States, Canada, Western Europe, and China. Furthermore, independent sales agents extend their reach to other regions of Asia, Latin America, and the Middle East. Kaiser Aluminum was established in 1946 and maintains its corporate headquarters in Foothill Ranch, California.

Sector: Basic Materials · Industry: Aluminum

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Kaiser Aluminum Corporation (KALU) halal to invest in?
Kaiser Aluminum Corporation (KALU) 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 Kaiser Aluminum Corporation get a F compliance rating?
Kaiser Aluminum Corporation (KALU) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 40.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kaiser Aluminum Corporation's Shariah verdict?
Kaiser Aluminum Corporation'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 Kaiser Aluminum Corporation re-screened for Shariah compliance?
Kaiser Aluminum Corporation (KALU) 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: Sep 1, 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.