Is TTAM halal?
Titan America SA
Halal
Titan America SA passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
13.67
Day
-0.07%
Market cap
$2.48B
Industry
Building Materials
Sector
Basic Materials
What the company does
Titan America (IPO 2025, a Titan Cement subsidiary) makes cement, aggregates, ready-mix concrete and block on the US East Coast (Florida, Virginia). Its money comes from building-material sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $574.08M ÷ current market cap $2.48B = 23.1%
23.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $65.73M ÷ current market cap $2.48B = 2.6%
2.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $5.77M ÷ annual revenue $1.66B (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 13.0% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #729 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $18.66
- First Eagle Investment Management$13.9M0.0%
Halal stocks in the same industry
The largest halal stocks in Building Materials — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.