As of August 2026, Fastenal Co is classified as halal.
HALAL
Report Source: undefined Quarter Report
Fastenal Co. Stock Analysis FAST
United States Industrials Large Cap
Fastenal Co. engages in the distribution of fasteners and tools. The company is headquartered in Winona, Minnesota and currently employs 21,763 full-time employees. The firm is a distributor of threaded fasteners, bolts, nuts, screws, studs, and related washers, as well as miscellaneous supplies and hardware, such as pins, machinery keys, concrete anchors, metal framing systems, wire rope, struts, rivets, and related accessories. Its business tools include Fastenal Managed Inventory (FMI), Bin stock (FASTStock and FASTBin), and Industrial vending (FASTVend). The company serves general and commercial contractors in non-residential end markets as well as farmers, truckers, railroads, oil exploration companies, oil production and refinement companies, mining companies, federal, state, and local governmental entities, schools, warehouse and storage, data centers, and certain retail trades. The firm also invests in digital solutions and leverages local inventory for same-day solutions and provides services.
Fastenal Co (FAST) Chart
Financial Metrics & Statements of Fastenal Co (FAST)
FAQ's for Fastenal Co (FAST)
As of August 2026, Fastenal Co FAST is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Fastenal Co using these criteria to determine its compliance status.
Muslim investors may consider investing in Fastenal Co if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Fastenal Co by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Fastenal Co may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Fastenal Co on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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