No. As of September 2026, Steelcase Inc (SCS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Steelcase Inc does not pass Musaffa's business and financial screening criteria.
Steelcase, Inc. engages in the manufacture and distribution of office environments. The company is headquartered in Grand Rapids, Michigan and currently employs 11,300 full-time employees. The Company, through its brands Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System and Viccarbe, offers a comprehensive portfolio of furniture and architectural products and services designed to help customers create workplaces. Its furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches and tables and complementary products, such as work accessories, lighting, mobile power and screens. Its seating products include task chairs that are ergonomic, seating that can be used in collaborative environments and casual settings, and specialty seating for specific vertical markets, such as education and healthcare. Its interior architectural products include full and partial height walls and free-standing architectural pods. Its services include workplace strategy consulting, lease origination services and furniture and asset management.
Steelcase Inc SCS
$16.14 $0.02 (0.12%) 1D
Last Updated: Dec 09, 12:00 AM·BE
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SCS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Steelcase Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Steelcase Inc (SCS) Chart
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FAQ's for Steelcase Inc (SCS)
As of September 2026, Steelcase Inc SCS 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 Steelcase Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Steelcase 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 Steelcase 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 Steelcase 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 Steelcase 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 Steelcase Inc (SCS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.