Insteel Industries Inc IIIN
$30.92 $0.56 (1.84%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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IIIN Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Insteel Industries Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
Insteel Industries Inc. Stock Analysis IIIN
United States Industrials Small Cap Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. The company is headquartered in Mount Airy, North Carolina and currently employs 1,007 full-time employees. The firm manufactures and markets prestressed concrete strand (PC strand) and welded wire reinforcement (WWR), including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. The firm's PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The firm sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
Insteel Industries Inc (IIIN) Chart
Financial Metrics & Statements of Insteel Industries Inc (IIIN)
FAQ's for Insteel Industries Inc (IIIN)
- As of August 2026, Insteel Industries Inc IIIN 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 Insteel Industries Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Insteel Industries 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 Insteel Industries 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 Insteel Industries 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 Insteel Industries 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 Insteel Industries Inc (IIIN)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
