As of August 2026, Matrix Service Co is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Matrix Service Co. Stock Analysis MTRX
United States Industrials Small Cap
Matrix Service Co. engages in the provision of engineering, fabrication, construction, and maintenance services to support critical energy infrastructure and industrial markets. The company is headquartered in Tulsa, Oklahoma and currently employs 2,239 full-time employees. The firm segments include Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. The Storage and Terminal Solutions segment primarily consists of engineering, procurement, fabrication, and construction services related to cryogenic and other specialty tanks and terminals for liquefied natural gas (LNG), natural gas liquids (NGLs) such as butane, propane, ethane, ethylene, and other liquid petroleum products, as well as hydrogen and ammonia. The Utility and Power Infrastructure segment primarily consists of engineering, procurement, fabrication, and construction services to support demand for LNG utility peak shaving facilities. The Process and Industrial Facilities segment primarily consists of plant maintenance, repair, and turnarounds in the downstream and midstream markets for energy clients.
Matrix Service Co (MTRX) Chart
Financial Metrics & Statements of Matrix Service Co (MTRX)
FAQ's for Matrix Service Co (MTRX)
As of August 2026, Matrix Service Co MTRX 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 Matrix Service Co using these criteria to determine its compliance status.
Muslim investors may consider investing in Matrix Service Co 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 Matrix Service Co 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 Matrix Service Co 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 Matrix Service Co 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 Matrix Service Co (MTRX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.