Usinas Siderurgicas de Minas Gerais SA USIMINAS USNZY
$1.28 $0.02 (1.59%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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USNZY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Usinas Siderurgicas de Minas Gerais SA USIMINAS is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Usinas Siderurgicas de Minas Gerais SA USIMINAS. Stock Analysis USNZY
United States Materials Small Cap Usinas Siderurgicas de Minas Gerais SA-Usiminas engages in the manufacture and sale of steel products. The company is headquartered in Belo Horizonte, Minas Gerais. The firm's activities include iron ore extraction, steel transformation, production of capital goods and logistics. The company operates through four segments: Steelworks, Mining and Logistics, Steel Transformation and Capital Goods. The company manufactures and sells various products and raw materials, such as flat steel, iron ore, stamped steel parts for the automotive industry and products for the civil construction and capital goods industry. The company provides technology transfer services in the steel activity, in project management and provision of services in the civil construction area and capital goods industry, road transport of flat steel, hot-dip steel galvanizing, texturing and cylinders chromium. The company has over two steel plants in Brazil located in the cities of Ipatinga, State of Minas Gerais, and of Cubatao, State of Sao Paulo.
Usinas Siderurgicas de Minas Gerais SA USIMINAS (USNZY) Chart
Financial Metrics & Statements of Usinas Siderurgicas de Minas Gerais SA USIMINAS (USNZY)
FAQ's for Usinas Siderurgicas de Minas Gerais SA USIMINAS (USNZY)
- As of August 2026, Usinas Siderurgicas de Minas Gerais SA USIMINAS USNZY 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 Usinas Siderurgicas de Minas Gerais SA USIMINAS using these criteria to determine its compliance status.
- Muslim investors may consider investing in Usinas Siderurgicas de Minas Gerais SA USIMINAS 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 Usinas Siderurgicas de Minas Gerais SA USIMINAS 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 Usinas Siderurgicas de Minas Gerais SA USIMINAS 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 Usinas Siderurgicas de Minas Gerais SA USIMINAS on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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