
TX: Is Ternium S.A. Halal?
Ternium S.A.
$55.45
+2.29%
Market Cap: 10.9B
Compliance Status
Doubtful
Screened on Aug 29, 2026 · AAOIFI Standard 21
Marginal
Is Ternium S.A. (TX) halal? Doubtful. Based on AAOIFI screening, Ternium S.A. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 48/100 (Grade: C).
Quote this verdict
HalalScreener rates Ternium S.A. (TX) Doubtful, 48/100, grade C under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/TX
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own TX, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened TX's prohibited income, but the exact share you would need to purify is part of Pro.
About Ternium S.A.
Ternium S.A. is an international steel enterprise engaged in the production, processing, and sale of a wide range of steel products. Its extensive market presence covers Mexico, Argentina, Brazil, the United States, and numerous other countries across Central and South America, including Paraguay, Chile, Bolivia, Uruguay, Colombia, Guatemala, Costa Rica, Honduras, El Salvador, and Nicaragua. The company operates through two primary divisions. Its Steel segment provides an exhaustive catalog of steel goods, from foundational products like slabs, billets, and hot-rolled flat items, to finished goods such as reinforcing bars, beams, tubes, and specialized building components like insulated panels, roofing, and pre-engineered metal systems. This segment also supplies pig iron and energy. The Mining segment concentrates on selling essential raw materials, specifically iron ore and pellets. In addition to its core manufacturing and mining activities, Ternium delivers medical, social, and engineering services, manages scrap, and acts as a significant distribution company. Its offerings cater to both large corporations and smaller enterprises across diverse sectors, including construction, automotive, home appliances, agriculture, packaging, transport, and energy. Founded in 1961 and based in Luxembourg City, Luxembourg, Ternium S.A. is a subsidiary of Techint Holdings S.à r.l.
Sector: Basic Materials · Industry: Steel
Why This Stock Is Doubtful
- Interest-bearing deposits are 29.1% of market cap, only 0.9 points below the 30% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Aug 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.