USLM
United States Lime & Minerals, Inc.
Is USLM Halal?
Lime and limestone producer — a permissible materials business with a typically low-debt balance sheet.
What You Should Know
United States Lime & Minerals, Inc. mines limestone and produces lime and limestone products used in construction, environmental, industrial, and agricultural applications. Producing lime and mineral products is a clearly permissible activity with no haram revenue line of its own. USLM is notable for a conservative, typically low-debt balance sheet, which makes the leverage screen straightforward — total debt / market cap should still be confirmed against the 33% threshold using the latest filings, but it has generally screened comfortably within range. The main residual item is interest income on its sizable cash balance, which should be checked against the 5% threshold and the corresponding portion of returns purified.
⚠️ Concerns
- •Holds a sizable cash balance that earns interest income — check it against the 5% threshold and purify the corresponding portion of returns
- •Confirm total debt / market cap stays under the 33% threshold against the latest filings, though leverage is typically low
- •Cyclical with construction, industrial, and agricultural demand — re-screen the ratios periodically
- •Re-screen the financial ratios periodically
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