As of August 2026, FGI Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
FGI Industries Ltd. Stock Analysis FGI
United States Industrials Nano Cap
FGI Industries Ltd. engages in the supply of kitchen and bath products. The company is headquartered in East Hanover, New Jersey and currently employs 426 full-time employees. The company went IPO on 2022-01-25. The firm supplies bath and kitchen products to retail, wholesale, commercial and specialty channel customers specializing in the home improvement and repair & remodel (R&R) markets. The company offers a variety of products that fall into four categories: Sanitaryware, Bath Furniture, Shower Systems and Other. Its Sanitaryware category includes a range of bath products, such as toilets, sinks, pedestals and toilet seats. Its Bath Furniture category primarily includes wood and wood-substituted furniture for bathrooms, including vanities, mirrors, laundry and medicine cabinets and other storage systems. Its Shower Systems category includes a range of shower-related products such as shower walls, shower doors and shower basins. Its Other category includes the custom kitchen cabinetry brand under Covered Bridge Cabinetry and Craft + Main Cabinetry lines of products.
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FAQ's for FGI Industries Ltd (FGI)
As of August 2026, FGI Industries Ltd FGI 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 FGI Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in FGI Industries Ltd 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 FGI Industries Ltd 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 FGI Industries Ltd 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 FGI Industries Ltd 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 FGI Industries Ltd (FGI)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.