Is Kaiser Aluminum Corporation (KALU) halal? Not Halal. Based on AAOIFI screening, Kaiser Aluminum Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Kaiser Aluminum Corporation

KALU: Is Kaiser Aluminum Corporation Halal?

Not Halal

Kaiser Aluminum Corporation

NASDAQBasic MaterialsUS

$186.85

+0.28%

About Kaiser Aluminum Corporation

Kaiser Aluminum Corporation engages in manufacture and sale of semi-fabricated specialty aluminum mill products in the United States and internationally. The company offers rolled, extruded, and drawn aluminum products used for aerospace and defense, aluminum beverage and food packaging, automotive and general engineering products. The company's automotive extrusions include extruded aluminum products for structural components, crash management systems, anti-lock braking systems, and drawn tubes for drive shafts, as well as offers fabrication services, including sawing and cutting to length. Its packaging products consist of bare and coated 3000- and 5000-series alloy aluminum coil used for beverage and food packaging industry; and Its general engineering products comprise alloy plate, sheet, rod, bar, tube, wire, and standard extrusion shapes used in various applications, including the production of military vehicles, ordnances, semiconductor manufacturing cells, electronic devices, after-market motor sport parts, tooling plates, parts for machinery and equipment, bolts, screws, nails, and rivets. In addition, it offers rerolled, extruded, drawn, and cast billet aluminum products for industrial end uses. It sells its products directly to customers through sales personnel located in the United States, Canada, Western Europe, and China, as well as through independent sales agents in other regions of Asia, Latin America, and the Middle East. The company was founded in 1946 and is headquartered in Foothill Ranch, California.

Sector: Basic Materials 路 Industry: Aluminum

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap34.5% / 30.0%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: Q1 2026Source: EDGAR

Financial Overview

Market Cap

3.1B

Price

$186.85

Sector

Basic Materials

Industry

Aluminum

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

Critical Metals Corp.
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Critical Metals Corp.

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+1.64%

NWPX Infrastructure, Inc.
NWPXA+

NWPX Infrastructure, Inc.

$120.30

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Gold Royalty Corp.
GROYA+

Gold Royalty Corp.

$3.22

-1.44%

Idaho Strategic Resources, Inc.
IDRA+

Idaho Strategic Resources, Inc.

$32.47

-12.01%

Hecla Mining Company
HLA+

Hecla Mining Company

$14.78

-12.18%

More Basic Materials Stocks

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DD

DuPont de Nemours, Inc.

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DOW

Dow Inc.

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Frequently Asked Questions

Is Kaiser Aluminum Corporation (KALU) halal to invest in?
Kaiser Aluminum Corporation (KALU) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Kaiser Aluminum Corporation get a F compliance rating?
Kaiser Aluminum Corporation (KALU) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 34.5% (limit 30%); interest-bearing deposits of 0.7% (limit 30%); prohibited income of 0.03% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Kaiser Aluminum Corporation's Shariah verdict?
Kaiser Aluminum Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Kaiser Aluminum Corporation re-screened for Shariah compliance?
Kaiser Aluminum Corporation (KALU) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.