Is Calumet Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Calumet Inc (CLMT) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Calumet Inc a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Calumet Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Calumet Inc?

Muslim investors may consider investing in Calumet Inc if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Calumet Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Calumet Inc by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Calumet Inc updated?

The Shariah compliance status of Calumet Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Calumet Inc become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Calumet Inc?

You can check the latest Shariah compliance status of Calumet Inc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

CLMT Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 14, 2026

Report Source: 2026 1st Quarter Report

Calumet Inc. Stock Analysis CLMT

United States Energy Mid Cap Report: Q1, 2026

Calumet, Inc. engages in the manufacturing, formulation, and sale of specialty branded products and renewable fuel. The company is headquartered in Indianapolis, Indiana and currently employs 1,540 full-time employees. The company went IPO on 2006-01-26. Its segments include Specialty Products and Solutions; Performance Brands; Montana/Renewables, and Corporate. Specialty Products and Solutions segment manufactures and markets a variety of solvents, waxes, customized lubricating oils, white oils, petrolatum, gels, esters, and other products. Performance Brands segment blend, package and market high performance products through its Royal Purple, Bel-Ray, and TruFuel brands. Montana/Renewables segment comprises two facilities: renewable fuels and specialty asphalt. At its Montana Renewables facility, it processes a variety of geographically advantaged renewable feedstocks into renewable diesel, sustainable aviation fuel, renewable hydrogen, renewable natural gas, renewable propane, and renewable naphtha that are distributed into renewables markets.

Key Statistics of Calumet Inc (CLMT)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$30.76$31.50

Today's Open

$31.04

Volume

771.20K

P/E Ratio (TTM)

52 Week Range

$12.70$36.94

Market Cap

3.13B

Avg. Volume

1.03M

Dividend Yield

Financial Metrics & Statements of Calumet Inc (CLMT)

FAQ's for Calumet Inc (CLMT)

According to Musaffa’s Shariah screening methodology, Calumet Inc (CLMT) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.