Summit Materials Inc SUM
$52.49 $0.10 (0.19%) 1D
Last Updated: Feb 10, 12:00 AM·XDUS
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Is Summit Materials Inc Stock Halal?
Shariah Compliance Analysis of SUM Stock
Germany Industrials Mid Cap No. As of September 2026, Summit Materials Inc (SUM) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Summit Materials Inc does not pass Musaffa's business and financial screening criteria.
Summit Materials, Inc. is a vertically integrated construction materials company, which engages in manufacturing construction materials and related downstream products. The company is headquartered in Denver, Colorado and currently employs 5,300 full-time employees. The company went IPO on 2015-03-12. The Company’s West segment consists of its West and South regions, and includes operations in Texas, Utah, Arizona, Colorado, Idaho, Wyoming, Oklahoma, Arkansas and British Columbia, Canada. The West segment supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its East segment consists of its East and Central regions and serves markets extending across the Midwestern and Eastern United States, notably in Kansas, Missouri, Virginia, Florida, North Carolina, South Carolina, Georgia, and Nebraska where it supplies aggregates, ready-mix concrete, asphalt paving mix and paving and related services. Its Cement segment consists of its Hannibal, Missouri and Davenport, Iowa cement plants and nine distribution terminals along the Mississippi River from Minnesota to Louisiana.
SUM Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Summit Materials Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Summit Materials Inc (SUM) Chart
Financial Metrics & Statements of Summit Materials Inc (SUM)
FAQ's for Summit Materials Inc (SUM)
- As of September 2026, Summit Materials Inc SUM 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 Summit Materials Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Summit Materials Inc 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 Summit Materials Inc 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 Summit Materials Inc 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 Summit Materials Inc 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 Summit Materials Inc (SUM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
