What is Matrix Service Company's Shariah compliance score?

Matrix Service Company's (MTRX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Matrix Service Company pass AAOIFI screening?

Matrix Service Company (MTRX) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MTRX: 5.6%), (3) interest-bearing deposits below 30% (MTRX: 58.8%), and (4) prohibited income below 5% (MTRX: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Matrix Service Company stock?

Matrix Service Company (MTRX) has a non-permissible income ratio of 0.84%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MTRX shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Matrix Service Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Matrix Service Company (MTRX) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MTRX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

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

MTRX: Is Matrix Service Company Halal?

Not Halal

Matrix Service Company

NASDAQIndustrialsUS

$13.70

+2.32%

AvoidBorderlineClean

About Matrix Service Company

Matrix Service Company provides engineering, fabrication, infrastructure, construction, and maintenance services primarily to the oil, gas, power, petrochemical, industrial, agricultural, mining, and minerals markets in the United States, Canada, South Korea, Australia, and internationally. It operates through three segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions. The Utility and Power Infrastructure segment offers power delivery services, including construction of new substations, upgrades of existing substations, transmission and distribution line installations, distribution upgrades, and maintenance; and emergency and storm restoration services. This segment also provides construction and maintenance services to combined cycle plants and other natural gas fired power stations. The Process and Industrial Facilities segment engages in the crude oil refining; processing, fractionating, and marketing of natural gas and natural gas liquids; and offers plant maintenance, turnarounds, engineering, industrial cleaning services, and capital construction service. The Storage and Terminal Solutions segment undertakes work related to aboveground storage tanks and terminals; engineering, fabrication and construction, and maintenance and repair, which include planned and emergency services; and liquefied natural gas, liquid nitrogen/liquid oxygen, liquid petroleum, hydrogen, and other specialty vessels, which comprise spheres, as well as marine structures, and truck and rail loading/offloading facilities. Its services include engineering, fabrication and construction, and maintenance and repair, including planned and emergency services, as well as geodesic domes, aluminum internal floating roofs, floating suction and skimmer systems, roof drain systems, and floating roof seals. Matrix Service Company was founded in 1984 and is headquartered in Tulsa, Oklahoma.

Sector: Industrials · Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026

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 Cap5.6% / 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 18, 2026Fiscal: Q3 2026Source: EDGAR

Financial Overview

Market Cap

385.4M

Price

$13.70

Sector

Industrials

Industry

Engineering & Construction

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

FASTA+

Fastenal Company

$44.88

+0.30%

ODFLA+

Old Dominion Freight Line, Inc.

$218.36

-0.83%

SAIAA+

Saia, Inc.

$467.89

-6.83%

ADURA+

Aduro Clean Technologies Inc.

$13.86

-1.56%

PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$15.76

-9.62%

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A+

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UNP

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HON

Honeywell International Inc.

B+

UPS

United Parcel Service, Inc.

B+

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Frequently Asked Questions

Is Matrix Service Company (MTRX) halal to invest in?

Matrix Service Company (MTRX) 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 Matrix Service Company get a F compliance rating?

Matrix Service Company (MTRX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.6% (limit 30%); interest-bearing deposits of 58.8% (limit 30%); prohibited income of 0.84% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Matrix Service Company's Shariah verdict?

Matrix Service Company'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 Matrix Service Company re-screened for Shariah compliance?

Matrix Service Company (MTRX) 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 18, 2026.

Screened according to AAOIFI Standard No. 21 · 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.