Magnitogorskiy Metallurgicheskiy Kombinat P.A.O. MAGN.ME

Last Updated: May 03, 12:00 AM·MOEX

MAGN.ME Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 21, 2025

Report Source: 2024 1st Quarter Report

Magnitogorskiy Metallurgicheskiy Kombinat P.A.O.

Magnitogorskiy Metallurgicheskiy Kombinat P.A.O.. Stock Analysis MAGN.ME

Russian Federation Materials Mid Cap Report:
Magnitogorsk Iron & Steel Works PJSC engages in the production of steel, encompassing preparation of iron ore to downstream processing of rolled steel. The company is headquartered in Magnitogorsk, Chelyabinskaya Oblast. The company went IPO on 2005-12-26. Its main products are sinter, coke, iron, crude steel, rolled products and ore materials. The firm offers a wide range of products such as wire rod, rebars, square bars, strips, round bars, among others. The company is also involved in the coal ore mining, processing of ore materials, sale of ferrous metal products and others. Magnitogorskiy Metallurgicheskiy Kombinat PAO operates as a supplier for such industries as: pipelines, vehicles, railway, construction and shipbuilding, among others. The firm operates domestically, as well as exports its products to the Commonwealth of Independent States (CIS) countries, Asia, the Middle East and Europe.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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