Shariah compliance overview
Not HalalMesabi Trust (MSB) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Mesabi Trust
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was incorporated in 1961 and is based in New York, New York.
Mesabi Trust (MSB) operates in the Basic Materials sector, in the Steel industry.
Why it is not classified as halal: it does not pass these screens: Business Activity.
- Business Activity
- 5.16%Limit 5%Fail
- Interest-bearing debt
- 0.00%Limit 30%Pass
- Interest-bearing securities and assets
- 7.17%Limit 30%Pass
- Dividend purification
- 5.16%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
Please login to access this content
Please login to access this content
Please login to access this content
Company Profile
Please login to access this content
Frequently asked questions
Quick answers about Mesabi Trust (MSB). Current Akinda screening label: Not Halal.
