Is Steel Dynamics Inc (STLD) stock halal?
Is Steel Dynamics Inc stock halal? Steel Dynamics Inc (STLD) screening result: RED. Review Sharia status, ethical flags, and profitability summary for halal investment research.
Sharia and ethical context
Sharia review: Present in HLAL, SPUS, MNZL holdings in the latest monthly run.
Ethical review: Flagged by AFSC: The fifth-largest military contractor in the world. It manufactures weapons that are used by the Israeli military against Palestinian civilians and surveillance technology that is used to monitor and surveil the U.S.–Mexico border and immigrant communities.
Profitability: YFinance fundamentals snapshot. Profit margin: 6.52% | Operating margin: 7.03% | ROE: 13.28%
Source coverage: hlal, spus, mnzl
Research notes
Flagged by AFSC: The fifth-largest military contractor in the world. It manufactures weapons that are used by the Israeli military against Palestinian civilians and surveillance technology that is used to monitor and surveil the U.S.–Mexico border and immigrant communities.