As of August 2026, Advanced Drainage Systems Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
Advanced Drainage Systems Inc. Stock Analysis WMS
United States Industrials Large Cap
Advanced Drainage Systems, Inc. manufactures thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for the construction and infrastructure marketplace. The company is headquartered in Hilliard, Ohio and currently employs 6,000 full-time employees. The company went IPO on 2014-07-25. The firm and its subsidiary, Infiltrator Water Technologies, LLC, provide stormwater drainage and onsite wastewater products used in a wide variety of markets and applications, including commercial, residential, infrastructure and agriculture, while delivering customer service. Its pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. Its infiltrator segment is a provider of plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. Its international segment manufactures and markets products in regions outside the United States, with a strategy focused on its owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. Its other segments manufacture a range of allied products and other that are complementary to their pipe products.
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As of August 2026, Advanced Drainage Systems Inc WMS is classified as 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 Advanced Drainage Systems Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Advanced Drainage Systems 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 Advanced Drainage Systems 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 Advanced Drainage Systems 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 Advanced Drainage Systems Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Advanced Drainage Systems Inc (WMS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.