Is Insteel Industries, Inc. (IIIN) halal? Halal. Based on AAOIFI screening, Insteel Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).

Insteel Industries, Inc.

IIIN: Is Insteel Industries, Inc. Halal?

Halal

Insteel Industries, Inc.

NYSEIndustrialsUS

$28.89

-0.03%

Purify ~0.4% of income

About Insteel Industries, Inc.

Insteel Industries, Inc., along with its various subsidiaries, focuses on the manufacturing and commercialization of steel wire reinforcement products specifically for concrete construction applications. The company's primary offerings include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a distinctive seven-wire product designed to introduce compression into precast concrete elements and structures. This strengthens various constructions, such as bridges, parking garages, commercial buildings, and other concrete infrastructure. Additionally, Insteel supplies an engineered welded wire reinforcement (WWR) product utilized in both non-residential and residential construction endeavors. This WWR product line encompasses several types: Engineered structural mesh: A custom-made solution that functions as the main reinforcement for concrete elements and structures, often serving as an alternative to conventional hot-rolled rebar. Concrete pipe reinforcement: Another tailored product, engineered for primary reinforcement in concrete pipes, box culverts, and precast manholes, vital for drainage and sewage systems, water treatment facilities, and related utility applications. Standard welded wire reinforcement: A secondary reinforcement material aimed at preventing cracks in residential and light commercial settings, including driveways, sidewalks, and various slab-on-grade applications. Insteel distributes its products through a network of sales representatives to a diverse customer base, including concrete product manufacturers, rebar fabricators, distributors, and contractors. Its principal markets are located across the United States, Canada, Mexico, and extending into Central and South America. Founded in 1953, Insteel Industries, Inc. is headquartered in Mount Airy, North Carolina.

Sector: Industrials 路 Industry: Manufacturing - Metal Fabrication

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
A+

Excellent

Exceptionally strong compliance

92Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.7% / 30.0%

Compliance History

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 14, 2026Fiscal: Q2 2026Source: FMP

Purify Your IIIN Dividends

0.4% non-compliant income

IIIN has 0.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

561.4M

Price

$28.89

Sector

Industrials

Industry

Manufacturing - Metal Fabrication

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Frequently Asked Questions

Is Insteel Industries, Inc. (IIIN) halal to invest in?
Based on AAOIFI Standard 21 screening, Insteel Industries, Inc. (IIIN) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Insteel Industries, Inc. get a A+ compliance rating?
Insteel Industries, Inc. (IIIN) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 6.9% (limit 30%); prohibited income of 0.38% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Insteel Industries, Inc.'s Shariah verdict?
Insteel Industries, Inc.'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 Insteel Industries, Inc. re-screened for Shariah compliance?
Insteel Industries, Inc. (IIIN) 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 14, 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.