Is Marine Products Corporation (MPX) halal? Halal. Based on AAOIFI screening, Marine Products Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

Marine Products Corporation

MPX: Is Marine Products Corporation Halal?

Halal

Marine Products Corporation

NYSEConsumer CyclicalUS

$8.18

-0.61%

Purify ~0.7% of income

About Marine Products Corporation

Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.

Sector: Consumer Cyclical 路 Industry: Auto - Recreational Vehicles

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
A

Very Good

Strong compliance across all metrics

83Score

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 Cap0.0% / 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: FY 2025Source: FMP

Purify Your MPX Dividends

0.7% non-compliant income

MPX has 0.7% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

280.0M

Price

$8.18

Sector

Consumer Cyclical

Industry

Auto - Recreational Vehicles

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Frequently Asked Questions

Is Marine Products Corporation (MPX) halal to invest in?
Based on AAOIFI Standard 21 screening, Marine Products Corporation (MPX) is rated Halal with a compliance grade of A (Very Good). 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 Marine Products Corporation get a A compliance rating?
Marine Products Corporation (MPX) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 15.5% (limit 30%); prohibited income of 0.71% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Marine Products Corporation's Shariah verdict?
Marine Products Corporation'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 Marine Products Corporation re-screened for Shariah compliance?
Marine Products Corporation (MPX) 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.