Is Crane NXT, Co. (CXT) halal? Not Halal. Based on AAOIFI screening, Crane NXT, Co. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Crane NXT, Co.

CXT: Is Crane NXT, Co. Halal?

Not Halal

Crane NXT, Co.

NYSEIndustrialsUS

$41.01

+9.10%

About Crane NXT, Co.

Crane NXT, Co. focuses its efforts on developing technologies for payment processing and merchandising. The company supplies integrated electronic hardware and accompanying software solutions. These offerings are underpinned by its deep and proprietary core capabilities, which include secure payment verification and authentication, as well as sophisticated tools for automation, field service management, remote diagnostics, and software designed to boost efficiency. Crane NXT is headquartered in Stamford, Connecticut.

Sector: Industrials 路 Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap42.6% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

2.4B

Price

$41.01

Sector

Industrials

Industry

Industrial - Machinery

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Frequently Asked Questions

Is Crane NXT, Co. (CXT) halal to invest in?
Crane NXT, Co. (CXT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Crane NXT, Co. get a F compliance rating?
Crane NXT, Co. (CXT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 42.6% (limit 30%); interest-bearing deposits of 9.9% (limit 30%); prohibited income of 0.08% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Crane NXT, Co.'s Shariah verdict?
Crane NXT, Co.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Crane NXT, Co. re-screened for Shariah compliance?
Crane NXT, Co. (CXT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.