SUM
Summit Materials, Inc. (acquired; no SUM listing)
Is SUM Halal?
Quikrete completed Summit Materials' acquisition in February 2025; the building-materials analysis is retained without a current standalone screen.
What You Should Know
SUM is a preserved Summit Materials route. Quikrete completed the acquisition on February 10, 2025, after which Summit became a privately held subsidiary and SUM ceased NYSE trading. Aggregates, cement, ready-mixed concrete and asphalt are generally permissible in principle, while acquisition financing and successor-company exposure remain qualitative questions; no current standalone SUM quantitative screen is applicable.
⚠️ Concerns
- •SUM ceased standalone trading after Quikrete's acquisition
- •Building-materials and construction-cycle exposure
- •Acquisition-related financing
- •SUM is a preserved Quikrete-acquisition alias; the URL is unchanged
Current quantitative Sharia screen
Based on issuer-status figures for the period ended 2025-02-10; calculated 2026-07-15.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated because SUM ceased standalone trading after the Quikrete acquisition.
- Financial
- Not calculated
- Overall
- Not calculated
No current standalone Summit Materials financial statement is available.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated for the acquired historical security.
- Financial
- Not calculated
- Overall
- Not calculated
SUM has no current public-market price or market-cap series.
Business-activity disclosure
Summit historically produced aggregates, cement, ready-mixed concrete and asphalt. Building-materials activity is generally permissible in principle, while acquisition financing and successor-company exposure remain qualitative concerns; SUM is not a current exchange-listed public security.
Limitation: No current standalone SUM balance sheet, revenue statement or public-market price exists for a reproducible quantitative screen.
Purification
No current standalone SUM issuer income is available for a purification calculation.
Inputs, assumptions and primary sources
- Quikrete completed Summit Materials' acquisition on February 10, 2025; SUM ceased NYSE trading and is not a current exchange-listed standalone security.
- Private successor-company figures are not substituted into a standalone SUM screen.
- The route and its aggregates, cement and building-materials qualitative analysis are preserved.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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