What is Methanex Corporation's Shariah compliance score?

Methanex Corporation's (MEOH) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Methanex Corporation pass AAOIFI screening?

Methanex Corporation (MEOH) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MEOH: 85.1%), (3) interest-bearing deposits below 30% (MEOH: 10.4%), and (4) prohibited income below 5% (MEOH: 0.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Methanex Corporation stock?

Methanex Corporation (MEOH) has a non-permissible income ratio of 0.72%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MEOH shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Methanex Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Methanex Corporation (MEOH) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MEOH's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MEOH: Is Methanex Corporation Halal?

Methanex Corporation

NASDAQBasic MaterialsCA

$53.18

-2.21%

Market Cap: 4.1B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Methanex Corporation (MEOH) halal? Not Halal. Based on AAOIFI screening, Methanex Corporation 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%.

85.1% of 30.0% limit

What this means for you

Most scholars advise not holding MEOH

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Methanex Corporation

Methanex Corporation, established in 1968 and based in Vancouver, Canada, functions as a primary worldwide supplier of methanol. The company not only manufactures this essential chemical across North America, the Asia Pacific, Europe, and South America, but also acquires it from external producers through long-term contracts and spot market deals. To support its extensive global operations, Methanex possesses and leases storage and terminal facilities, and oversees a fleet of roughly 30 ocean-going ships. Its customer base primarily includes businesses within the chemical and petrochemical sectors.

Sector: Basic Materials · Industry: Chemicals

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:

NWPXA+

NWPX Infrastructure, Inc.

$120.30

-0.24%

CRMLA+

Critical Metals Corp.

$10.15

+0.79%

GROYA+

Gold Royalty Corp.

$3.22

-1.44%

IDRA+

Idaho Strategic Resources, Inc.

$35.44

-1.80%

HLA+

Hecla Mining Company

$15.40

-0.90%

More Basic Materials Stocks

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Linde plc

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Air Products and Chemicals, Inc.

ECL

Ecolab Inc.

CTVA

Corteva, Inc.

A+

DuPont de Nemours, Inc.

B+

DOW

Dow Inc.

Free · No credit card required

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Frequently Asked Questions

Is Methanex Corporation (MEOH) halal to invest in?

Methanex Corporation (MEOH) 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 Methanex Corporation get a F compliance rating?

Methanex Corporation (MEOH) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 85.1% (limit 30%); interest-bearing deposits of 10.4% (limit 30%); prohibited income of 0.72% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Methanex Corporation's Shariah verdict?

Methanex 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 Methanex Corporation re-screened for Shariah compliance?

Methanex Corporation (MEOH) 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.