Loma Negra Compañía Industrial Argentina Sociedad Anónima

LOMA: Is Loma Negra Compañía Industrial Argentina Sociedad Anónima Halal?

Loma Negra Compañía Industrial Argentina Sociedad Anónima

NYSEBasic MaterialsAR

$9.34

-1.06%

Market Cap: 1.1B

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

A

Very Good

82Score

Is Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) halal? Halal. Based on AAOIFI screening, Loma Negra Compañía Industrial Argentina Sociedad Anónima passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Quote this verdict

HalalScreener rates Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) Halal, 82/100, grade A under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/LOMA

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

17.0% of 30.0% limit

What this means for you

You can own LOMA

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened LOMA's prohibited income, but the exact share you would need to purify is part of Pro.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, operating through its various subsidiaries across Argentina, is a key player in the manufacturing and supply of cement and an array of associated building materials. The company's multifaceted operations are categorized into distinct business units, encompassing Cement, Masonry Cement and Lime, Concrete, Rail Services, and Aggregates, alongside other complementary activities. It provides a wide range of construction essentials, including masonry cement, aggregates, ready-mix concrete, and lime. These products are supplied to diverse clients such as wholesale distributors, concrete manufacturers, and various industrial customers, primarily supporting the construction sector. In addition to its material offerings, Loma Negra also manages rail transportation services and is involved in processing and recycling industrial waste to be used as fuel. The company markets its product portfolio under well-recognized brand names like Loma Negra, San Martín, Plasticor, Cacique Plus, Cacique Max, Loma Negra Plus, and Lomax. Founded in 1926, Loma Negra is headquartered in Buenos Aires, Argentina, and operates as a subsidiary of InterCement Trading e Inversiones S.A.

Sector: Basic Materials · Industry: Construction Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Not Halal

    until the change above

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

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) halal to invest in?
Based on AAOIFI Standard 21 screening, Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Loma Negra Compañía Industrial Argentina Sociedad Anónima get a A compliance rating?
Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Loma Negra Compañía Industrial Argentina Sociedad Anónima's Shariah verdict?
Loma Negra Compañía Industrial Argentina Sociedad Anónima'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 Loma Negra Compañía Industrial Argentina Sociedad Anónima re-screened for Shariah compliance?
Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) 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.