Is SSD halal?
Simpson Manufacturing Company,
Halal
Simpson Manufacturing Company, passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
175.12
Day
+2.36%
Market cap
$6.99B
Industry
Lumber & Wood Production
Sector
Basic Materials
What the company does
Simpson Manufacturing makes metal connectors and fasteners for wood construction (Strong-Tie — in house framing) and concrete anchors. Its money comes from building-product sales.
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 $333.39M ÷ 36-month average market cap $7.42B = 4.5%
4.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $450.53M ÷ 36-month average market cap $7.42B = 6.1%
6.1%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $6.99B.
For information (AAOIFI 3/1 note): cash + receivables are 28.3% of total assets (2026-06-30). 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 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.68% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $209.35
- ValueAct Capital$173.9M3.1%
- John RogersAriel Investments$20.8M0.2%
Halal stocks in the same industry
The largest halal stocks in Lumber & Wood Production — for comparison.
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- GuideBlogDividends, zakat and tax: a practical guide for US stock holdersHow much US tax is withheld from dividends, what to declare in Uzbekistan, and how zakat on shares is calculated — with one worked example.
- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.