Companhia Siderurgica Nacional SA SID
$0.98 $0.09 (9.64%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
Pricing for US stocks is delayed by 24 hours
SID Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Companhia Siderurgica Nacional SA is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Companhia Siderurgica Nacional SA. Stock Analysis SID
United States Materials Small Cap Companhia Siderurgica Nacional engages in the production and sale of integrated steel. The company is headquartered in Sao Paulo, Sao Paulo. The company operates in five strategic sectors of the economy: steel, mining, logistics, cement and energy. The Company’s steel sector operates across the entire steel production chain, from the extraction of iron ore to the production and sale of a diversified range of steel products including, coated sheets, Galvanized steel, pre-painted steel, metal sheets and long steel products (rebar and wire rod). The mining sector is responsible for the export of iron ore. The cement sector is responsible for the cement production. The logistics sector provides integrated logistics (road, rail, port) services, while the energy sector manages the Thermal Cogeneration Plant installed at Presidente Vargas Steelworks in Volta Redonda and the hydroelectric plants of Itaand Igarapava.
Companhia Siderurgica Nacional SA (SID) Chart
Financial Metrics & Statements of Companhia Siderurgica Nacional SA (SID)
FAQ's for Companhia Siderurgica Nacional SA (SID)
- As of August 2026, Companhia Siderurgica Nacional SA SID 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 Companhia Siderurgica Nacional SA using these criteria to determine its compliance status.
- Muslim investors may consider investing in Companhia Siderurgica Nacional SA 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 Companhia Siderurgica Nacional SA 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 Companhia Siderurgica Nacional SA 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 Companhia Siderurgica Nacional SA 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 Companhia Siderurgica Nacional SA (SID)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
