X
United States Steel Corp.
Is X Halal?
Historical steel manufacturing — permissible industrial business.
What You Should Know
United States Steel's last available March 31, 2025 filing showed historical debt/assets 20.38%, liquidity/assets 2.96%, receivables plus cash/assets 11.16% and interest income/revenue 0.27%. Nippon Steel completed the acquisition on June 18, 2025, so X is no longer a current tradable ticker and this historical screen is not a present investment recommendation.
⚠️ Concerns
- •Ticker no longer publicly traded
- •Historical data only
- •Successor security requires a new screen
- •Steel environmental and end-use review
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2025-03-31; calculated 2026-07-14.
4,092 / 20,083
594 / 20,083
2,241 / 20,083
10 / 3,727
- Financial
- Pass
- Overall
- Incomplete
Historical debt is 20.38%, liquidity is 2.96%, receivables plus cash is 11.16%, and disclosed interest income is 0.27%; each is below the examined limits. The issuer is no longer a live public ticker.
- Financial
- Pass
- Overall
- Incomplete
Historical debt, liquidity and receivables plus cash are below the examined total-assets limits. This is not an index-membership claim and cannot establish a current successor-security status.
- Financial
- Pass
- Overall
- Incomplete
Historical debt and identifiable liquidity are below 33% of total assets. This is a historical calculation against SAC ratios, not an official classification or current listing decision.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, and X is no longer a live listing.
Business-activity disclosure
United States Steel manufactured steel products, raw materials and related industrial goods. The operating category is generally permissible, but this historical screen is not a current investment recommendation because the public company was acquired and the X listing ceased.
Limitation: There is no current public-issuer filing or tradable X security to support a present-date screen; the historical filing cannot establish the Sharia status of any successor or residual claim.
Purification
The historical filing discloses interest income of $10 million (0.27% of quarterly net sales), but no current security exists to which a universal purification instruction could be applied.
Inputs, assumptions and primary sources
- This is the last available U.S. Steel 10-Q before Nippon Steel completed the acquisition on June 18, 2025; X is not treated as a currently tradable security.
- Debt uses $4,092 million of total debt, including $109 million of short-term debt and current maturities.
- Receivables combine $1,470 million of receivables and $177 million of receivables from related parties. Cash is $594 million; no separate interest-bearing securities balance is identified.
- Quarterly net sales are $3,727 million and disclosed interest income is $10 million.
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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