RHI Magnesita NV RHIM.L
GBX2,855.00 GBX149.12 (5.51%) 1D
Last Updated: Oct 09, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is RHI Magnesita NV Stock Halal?
Shariah Compliance Analysis of RHIM.L Stock
United Kingdom Materials Small Cap No. As of October 2026, RHI Magnesita NV (RHIM.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. RHI Magnesita NV does not pass Musaffa's business and financial screening criteria.
RHI Magnesita NV engages in the provision of refractory products, customized services, and innovative solutions. The company is headquartered in Wien, Wien and currently employs 15,548 full-time employees. The company went IPO on 2017-10-27. The firm mines, produces and sells high-grade refractory products, which are used for industrial high-temperature processes in a wide range of industries, including steel, cement, non-ferrous metals, glass, and energy, environment and chemical. The firm offers over 120,000 products made from magnesite and dolomite, ranging from bricks and lining mixes to flow control products, such as slide gates, nozzles and plugs. The firm operates over 35 production and raw material sites, a number of technology centers, including in Austria, Brazil, China and the United States, as well as over 70 sales offices around the world. In addition to the sale of refractory products and services, the Company sells certain industrial minerals, the mining and production of which are incidental to its production of refractory products.
RHIM.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, RHI Magnesita NV is classified as not halal.
NOT HALALRHI Magnesita NV (RHIM.L) Chart
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Financial Metrics & Statements of RHI Magnesita NV (RHIM.L)
FAQ's for RHI Magnesita NV (RHIM.L)
- As of October 2026, RHI Magnesita NV RHIM.L is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes RHI Magnesita NV using these criteria to determine its compliance status.
- Muslim investors may consider investing in RHI Magnesita NV if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of RHI Magnesita NV by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of RHI Magnesita NV may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of RHI Magnesita NV on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for RHI Magnesita NV (RHIM.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
