Is Mullen Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mullen Group Ltd (MTL.TO) is currently classified as NOT HALAL as of March 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 Mullen Group Ltd 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 Mullen Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mullen Group Ltd?

Muslim investors may consider investing in Mullen Group Ltd 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 Mullen Group Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mullen Group Ltd 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 Mullen Group Ltd updated?

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

Can a halal stock like Mullen Group Ltd 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 Mullen Group Ltd?

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

MTL.TO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 16, 2026

Report Source: 2025 Annual Report

Mullen Group Ltd. Stock Analysis MTL.TO

Canada Industrials Small Cap Report: 2025 Annual

Mullen Group Ltd. engages in the provision of trucking and logistics services. The company is headquartered in Okotoks, Alberta and currently employs 8,622 full-time employees. The Company’s segments include Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services and U.S. & International Logistics. The Less-than-truckload segment delivers small packages, parcels and pallets of all types of freight. The Logistics & Warehousing segment offers specialized trucking, warehousing, intermodal, transload, warehousing and fulfillment centers that handle e-commerce transactions, and full truckload. The Specialized & Industrial Services segment provides services including water management, environmental reclamation, turnaround and industrial maintenance, services that support the drilling of wells, well servicing and fluid hauling, along with transportation and logistics services for complex pipeline and industrial projects. The U.S. & International Logistics segment provides services through a combination of professional representatives and a network of independently owned and managed Station Agents.

Key Statistics of Mullen Group Ltd (MTL.TO)

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

Today's Range

CAD21.15CAD21.70

Today's Open

CAD21.28

Volume

193.31K

P/E Ratio (TTM)

22.55

52 Week Range

CAD12.98CAD21.70

Market Cap

1.97B

Avg. Volume

290.69K

Dividend Yield

3.68%

Financial Metrics & Statements of Mullen Group Ltd (MTL.TO)

FAQ's for Mullen Group Ltd (MTL.TO)

According to Musaffa’s Shariah screening methodology, Mullen Group Ltd (MTL.TO) is currently classified as NOT HALAL as of March 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.