What is Quanex Building Products Corporation's Shariah compliance score?

Quanex Building Products Corporation's (NX) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Quanex Building Products Corporation pass AAOIFI screening?

Quanex Building Products Corporation (NX) 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% (NX: 89.5%), (3) interest-bearing deposits below 30% (NX: 10.2%), and (4) prohibited income below 5% (NX: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Quanex Building Products Corporation stock?

Quanex Building Products Corporation (NX) has a non-permissible income ratio of 0.13%. Muslim investors should purify this percentage of any dividends received and capital gains realized from NX 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 Quanex Building Products Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Quanex Building Products Corporation (NX) 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 NX's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Quanex Building Products Corporation (NX) halal? Not Halal. Based on AAOIFI screening, Quanex Building Products Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

NX: Is Quanex Building Products Corporation Halal?

Not Halal

Quanex Building Products Corporation

NYSEIndustrialsUS

$18.32

-0.79%

AvoidBorderlineClean

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 Cap89.5% / 30.0%

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

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

Screened: Jun 18, 2026Fiscal: Q2 2026Source: EDGAR

Financial Overview

Market Cap

841.6M

Price

$18.32

Sector

Industrials

Industry

Building Products & Equipment

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

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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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Frequently Asked Questions

Is Quanex Building Products Corporation (NX) halal to invest in?

Quanex Building Products Corporation (NX) 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 Quanex Building Products Corporation get a F compliance rating?

Quanex Building Products Corporation (NX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 89.5% (limit 30%); interest-bearing deposits of 10.2% (limit 30%); prohibited income of 0.13% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Quanex Building Products Corporation's Shariah verdict?

Quanex Building 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 Quanex Building Products Corporation re-screened for Shariah compliance?

Quanex Building Products Corporation (NX) 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.