Is MSA halal?
MSA Safety Incorporated
Halal
MSA Safety Incorporated passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
179.05
Day
-1.51%
Market cap
$7.00B
Industry
Security & Protection Services
Sector
Industrials
What the company does
MSA Safety makes worker-safety equipment: breathing apparatus (for firefighters), gas detectors, helmets and fall protection. Customers are industrial companies and fire departments.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $643.51M ÷ 36-month average market cap $6.68B = 9.6%
9.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $200.06M ÷ 36-month average market cap $6.68B = 3.0%
3.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $5.86M ÷ annual revenue $1.87B (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $7.00B.
For information (AAOIFI 3/1 note): cash + receivables are 18.5% of total assets (2025-12-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.01% · #497 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 1.17% · purify 0.3% · net 1.17%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $174.58
- Ruane Cunniff LP$300.5M4.7%
- Francois RochonGiverny Capital$29.0M1.0%
- Mairs & Power Funds$257K0.0%
Exited this quarter: First Eagle Investment Management
All superinvestor portfoliosManually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
MSA Safety — xavfsizlik jihozlari (gaz detektor, yiqilishdan himoya, o't o'chiruvchi dubulg'a). Qurol emas
Halal stocks in the same industry
The largest halal stocks in Security & Protection Services — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.