Modec Inc MDIKY
$61.38
Last Updated: Jul 16, 12:00 AM·OOTC
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MDIKY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Modec Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Modec Inc. Stock Analysis MDIKY
United States Energy Mid Cap MODEC, Inc. engages in the design, construction, installation, sales, lease and operations of floating production systems. The company is headquartered in Chuo-Ku, Tokyo-To and currently employs 6,460 full-time employees. The company went IPO on 2003-07-02. Its primary business is the provision of engineering, procurement, construction, and installation (EPCI) services and charter services (leasing and operation services) for floating production, storage, and offloading facilities, such as floating production, storage, and offloading (FPSO), floating storage, and offloading (FSO), and tension-moored platforms (TLP), used in the midstream of offshore oil and gas production. Its primary clients are government-affiliated and private oil and gas development companies overseas. The company also provides after-sales services, such as parts supply and engineering support, for FPSOs and other facilities it builds and delivers to oil and gas development companies, as well as management and operational support to affiliates and joint ventures.
Modec Inc (MDIKY) Chart
Financial Metrics & Statements of Modec Inc (MDIKY)
FAQ's for Modec Inc (MDIKY)
- As of August 2026, Modec Inc MDIKY 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 Modec Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Modec 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 Modec 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 Modec 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 Modec 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 Modec Inc (MDIKY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
