Greystone Logistics, Inc. engages in the manufacture and sale of plastic pallets. The company is headquartered in Tulsa, Oklahoma and currently employs 82 full-time employees. The company went IPO on 2001-02-05. The Company’s business is the manufacturing of plastic pallets utilizing recycled plastic and selling the pallets through its subsidiary, Greystone Manufacturing, L.L.C. The firm sells its pallets through a network of independent contractor distributors and direct sales by its President and sales department. Its injection molding machine production consists of 37 X 32 rackable pallet; 40 X 32 rackable pallet; 37 X 37 rackable pallet; 44 X 56 can pallet; 48 X 40 rackable pallet; 48 X 44 rackable pallet; 48 X 40 nestable pallet with or without detachable runners; 45 X 45 nestable pallet with or without detachable bottom deck; 24 X 40 display pallet; Slim keg stackable pallet, and others. Its manufacturing facilities are located in Bettendorf, Iowa. Its products include Rackable Pallets, Drum Pallets, Beverage Pallets, Mid-Duty Pallets, Nestable & Export Pallets, and Stackable Pallets.
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As of August 2026, Greystone Logistics Inc GLGI is classified as not covered 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 Greystone Logistics Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Greystone Logistics 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 Greystone Logistics 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 Greystone Logistics 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 Greystone Logistics Inc 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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