Reunion Industries, Inc. engages in the manufacturing of metal fabricated and machined industrial parts and products. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 349 full-time employees. The company went IPO on 2002-12-24. These products include large-diameter seamless pressure vessels, hydraulic and pneumatic cylinders, and metal bar grating. The firm's customers include original equipment manufacturers and end users in a variety of industries, such as transportation, power generation, chemicals, metals and electronics. Until December 2005, the Company's products included precision plastic components made by its thermoplastics division (Oneida). During the year ended December 31, 2005, the Company decided to exit the plastics business, and effective March 1, 2006, Oneida was sold. In April 2008, the Company completed the sale of the business of its pressure vessels division to subsidiaries of Everest Kanto Cylinder Ltd.
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As of August 2026, Reunion Industries Inc RUNI 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 Reunion Industries Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Reunion 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 Reunion 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 Reunion 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 Reunion Industries 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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