What is ArcelorMittal S.A.'s Shariah compliance score?

ArcelorMittal S.A. (MT) has a Shariah compliance score of 72/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does ArcelorMittal S.A. pass AAOIFI screening?

ArcelorMittal S.A. (MT) passes 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% (MT: 23.6%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for ArcelorMittal S.A. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for ArcelorMittal S.A. (MT) using the latest financial data.

Where can I screen ArcelorMittal S.A. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for ArcelorMittal S.A. (MT) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MT: Is ArcelorMittal S.A. Halal?

ArcelorMittal S.A.

NYSEBasic MaterialsLU

$73.29

+0.30%

Market Cap: 55.8B

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

B+

Good

72Score

Is ArcelorMittal S.A. (MT) halal? Halal. Based on AAOIFI screening, ArcelorMittal S.A. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 72/100 (Grade: B+).

Quote this verdict

HalalScreener rates ArcelorMittal S.A. (MT) Halal, 72/100, grade B+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/MT

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

23.6% of 30.0% limit

What this means for you

You can own MT

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

Purification amount is Pro

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

About ArcelorMittal S.A.

ArcelorMittal S.A. and its subsidiaries operate as a comprehensive, globally integrated steel production and mining enterprise, with operations spanning Europe, North and South America, Asia, and Africa. The firm's core steel offerings encompass a wide array of items. These include semi-finished flat goods, specifically slabs, alongside finished flat products like plates, hot-rolled and cold-rolled coils and sheets, galvanized coils and sheets (both hot-dipped and electro-galvanized), tinplate, and pre-painted coils and sheets. For long products, it manufactures semi-finished forms such as blooms and billets. Its finished long products consist of bars, wire-rods, structural sections, railway rails, sheet piles, and various wire products. Additionally, ArcelorMittal supplies both seamless and welded pipes and tubes. Beyond steel, the company's mining segment extracts and processes primary materials such as iron ore, presented as lumps, fines, concentrates, pellets, and sinter feeds. It also provides various types of coal, including coking coal, thermal coal, and coal for pulverized injection. These materials are distributed to a diverse clientele within sectors such as automotive, domestic appliances, engineering, construction, energy, and heavy machinery. Distribution occurs via its internal centralized marketing department and an extensive network of distributors. Its iron ore extraction operations are located in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, South Africa, and Ukraine. Coal mining, however, is solely conducted in Kazakhstan. Established in 1976, ArcelorMittal S.A. maintains its corporate headquarters in Luxembourg City, Luxembourg.

Sector: Basic Materials · Industry: Steel

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Halalnow
since Aug 2026
Doubtful
until the change above
Halal
until the change above
Doubtful
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 ArcelorMittal S.A. (MT) halal to invest in?

Based on AAOIFI Standard 21 screening, ArcelorMittal S.A. (MT) is rated Halal with a compliance grade of B+ (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 ArcelorMittal S.A. get a B+ compliance rating?

ArcelorMittal S.A. (MT) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change ArcelorMittal S.A.'s Shariah verdict?

ArcelorMittal S.A.'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 ArcelorMittal S.A. re-screened for Shariah compliance?

ArcelorMittal S.A. (MT) 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.