No. As of September 2026, Gerdau SA (GGBR3.SA) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Gerdau SA does not pass Musaffa's business and financial screening criteria.
Gerdau SA engages in the production and commercialization of steel products. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 30,000 full-time employees. The firm is engaged in the production and commercialization of steel products in general, through its mills located in Argentina, Brazil, Canada, Colombia, the United States, Mexico, Peru, the Dominican Republic, Uruguay and Venezuela. The Firm’s product portfolio includes crude steel; finished products for the construction industry, such as rebar, wire-rods, structural shapes, hot-rolled coils and heavy plates; finished industrial products, such as commercial rolled-steel bars, light profiles and wires; agricultural products, such as stakes, smooth wire and barbed-wire; and special steel items. The Company’s activities include also operations of iron ore mines located in the state of Minas Gerais.
Gerdau SA GGBR3.SA
Last Updated: Sep 09, 12:00 AM·BOVESPA
GGBR3.SA Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Gerdau SA is classified as not halal.