As of August 2026, QXO Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
QXO Inc. Stock Analysis QXO
United States Industrials Large Cap
QXO, Inc. is a publicly traded distributor of roofing, waterproofing and complementary building products in the United States. The company is headquartered in Greenwich, Connecticut and currently employs 7,794 full-time employees. The company went IPO on 2004-03-05. The company focuses on being a tech-enabled company in the building products distribution industry. The firm specializes in helping contractors, distributors, and suppliers streamline operations. Its technology supports every step of the supply chain, from product availability and inventory management to order tracking and customer service. As a reseller and developer of proprietary software, it tailors its tools to the specific workflows of roofing professionals and distributors. Its product categories include residential, building supplies and materials, siding, waterproofing, and commercial. Its residential product category includes asphalt shingles, metal roofing, roofing accessories, roofing insulation, slate roofing, tile roofing, and wood roofing. Its building supplies and materials product category includes exterior materials, interior materials, and tools and equipment.
QXO Inc (QXO) Chart
Financial Metrics & Statements of QXO Inc (QXO)
FAQ's for QXO Inc (QXO)
As of August 2026, QXO Inc QXO 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 QXO Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in QXO 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 QXO 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 QXO 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 QXO 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 QXO Inc (QXO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.