Is Stantec Inc. (STN) halal? Doubtful. Based on AAOIFI screening, Stantec Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 73/100 (Grade: B+).

Stantec Inc.

STN: Is Stantec Inc. Halal?

Doubtful

Stantec Inc.

NYSEIndustrialsCA

$69.74

-2.67%

Purify ~0.2% of income

About Stantec Inc.

Stantec Inc. is a global professional services firm delivering comprehensive expertise in engineering, architecture, and environmental consultancy. Operating across Canada, the United States, and other international markets, the company focuses on infrastructure and facility development. Its wide array of consulting services includes structural, mechanical, electrical, plumbing, and hydraulic engineering, alongside interior design, landscape architecture, surveying, environmental sciences, project management, and project economic analysis. Stantec also offers specialized services in transportation, ranging from advisory and strategic planning to engineering and technical design. Furthermore, it conducts paleontological and archaeological assessments, particularly for the rail, water, power, and broader transportation sectors, and provides solutions for environmental and infrastructure challenges, including cultural resource compliance. Founded in 1954, Stantec Inc. was previously known as Stanley Technology Group Inc. before adopting its current name in October 1998. The company maintains its headquarters in Edmonton, Canada.

Sector: Industrials 路 Industry: Engineering & Construction

Why This Stock Is Doubtful

  • Debt is 27.9% of market cap, only 2.1 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B+

Good

Good compliance with minor concerns

73Score

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 Cap27.9% / 30.0%

Compliance History

  1. Doubtfulnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Screened: Jun 18, 2026Fiscal: FY 2025Source: FMP-ADR

Purify Your STN Dividends

0.2% non-compliant income

STN has 0.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

8.0B

Price

$69.74

Sector

Industrials

Industry

Engineering & Construction

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Frequently Asked Questions

Is Stantec Inc. (STN) halal to invest in?
Stantec Inc. (STN) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Stantec Inc. get a B+ compliance rating?
Stantec Inc. (STN) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 27.9% (limit 30%); interest-bearing deposits of 3.5% (limit 30%); prohibited income of 0.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Stantec Inc.'s Shariah verdict?
Stantec 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 Stantec Inc. re-screened for Shariah compliance?
Stantec Inc. (STN) 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 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.