Franklin Electric Co Inc FELE
$104.10 $0.84 (0.81%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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FELE Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Franklin Electric Co Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
Franklin Electric Co Inc. Stock Analysis FELE
United States Industrials Mid Cap Franklin Electric Co., Inc. engages in the development, manufacture, and distribution of water and fuel pumping systems. The company is headquartered in Fort Wayne, Indiana and currently employs 6,500 full-time employees. The firm's segments include Water Systems, Distribution, and Energy Systems. The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment primarily for use in groundwater, water transfer and wastewater. The Distribution segment is operated as a collection of wholly owned groundwater distributors known as the Headwater Companies. The Energy Systems segment designs, manufactures and sells pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices and related parts and equipment primarily for use in energy system applications. Energy Systems offers a complete array of components between the tank and the dispenser, including submersible pumps, motors, station hardware, piping, sumps, vapor recovery, and others.
Franklin Electric Co Inc (FELE) Chart
Financial Metrics & Statements of Franklin Electric Co Inc (FELE)
FAQ's for Franklin Electric Co Inc (FELE)
- As of August 2026, Franklin Electric Co Inc FELE 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 Franklin Electric Co Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Franklin Electric Co Inc 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 Franklin Electric Co Inc 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 Franklin Electric Co Inc 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 Franklin Electric Co Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Franklin Electric Co Inc (FELE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
