Forum Energy Technologies Inc FET
$77.42 $1.18 (1.50%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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FET Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Forum Energy Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Forum Energy Technologies Inc. Stock Analysis FET
United States Energy Small Cap Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry. The company is headquartered in Houston, Texas and currently employs 1,700 full-time employees. The company went IPO on 2012-04-12. Its segments include Drilling and Completions, and Artificial Lift and Downhole. The Drilling and Completions segment designs, manufactures and supplies products and solutions to the drilling, subsea, coiled tubing, well stimulation and intervention markets, including applications in the oil and natural gas, renewable energy, defense and communications industries. The products and solutions include capital equipment and consumable products, wireline cable and pressure control equipment, and coiled tubing strings and pressure control equipment. The Artificial Lift and Downhole segment designs, manufactures and supplies products and solutions for the artificial lift, well construction, production and infrastructure markets. Its products include well construction casing and cementing equipment, customized downhole technology solutions, and others.
Forum Energy Technologies Inc (FET) Chart
Financial Metrics & Statements of Forum Energy Technologies Inc (FET)
FAQ's for Forum Energy Technologies Inc (FET)
- As of August 2026, Forum Energy Technologies Inc FET is classified as not 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 Forum Energy Technologies Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Forum Energy Technologies 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 Forum Energy Technologies 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 Forum Energy Technologies 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 Forum Energy Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Forum Energy Technologies Inc (FET)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
