How much purification is needed for Loma Negra Compañía Industrial Argentina Sociedad Anónima stock?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) has a non-permissible income ratio of 0.47%. Muslim investors should purify this percentage of any dividends received and capital gains realized from LOMA shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

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

Loma Negra Compañía Industrial Argentina Sociedad Anónima

NYSEBasic MaterialsAR

$11.34

-2.41%

Market Cap: 1.3B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) halal? Not Halal. Based on AAOIFI screening, Loma Negra Compañía Industrial Argentina Sociedad Anónima passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

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%.

22770.1% of 30.0% limit

What this means for you

Most scholars advise not holding LOMA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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 Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Basic Materials

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

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IDRA+

Idaho Strategic Resources, Inc.

$35.44

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HLA+

Hecla Mining Company

$15.40

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Frequently Asked Questions

Is Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) halal to invest in?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) 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 Loma Negra Compañía Industrial Argentina Sociedad Anónima get a F compliance rating?

Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22770.1% (limit 30%); interest-bearing deposits of 2373.1% (limit 30%); prohibited income of 0.47% (limit 5%). 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: Jul 17, 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.