Is BROADWIND, INC. (BWEN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 58.1% / 30% | 14.4% / 30% | 31.4% / 30% | 0.06% / 5% | ✗ NOT HALAL |
| DJIM | 58.1% / 33% | 14.4% / 33% | 31.4% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| MSCI | 24.3% / 33% | 6.0% / 33% | 13.1% / 33% | 0.06% / 5% | ✓ HALAL |
| S&P | 58.1% / 33% | 14.4% / 33% | 31.4% / 33% | 0.06% / 5% | ✗ NOT HALAL |
| FTSE | 24.3% / 33% | 6.0% / 33% | 13.1% / 50% | 0.06% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 10.2% | |
| Operating Margin | -15.3% | |
| Net Margin | 3.3% | |
| Return on Equity (ROE) | 8.3% | |
| Return on Assets (ROA) | 0.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$15M |
| Free Cash Flow | -$19M |
| Total Debt | $28M |
| Debt-to-Equity | 58.3 |
| Current Ratio | 2.0 |
| Total Assets | $117M |
Price & Trading
| Last Close | $2.02 |
| 50-Day MA | $2.59 |
| 200-Day MA | $2.48 |
| Avg Volume | 231K |
| Beta | 1.5 |
|
52-Week Range
$1.43
| |
About BROADWIND, INC. (BWEN)
Broadwind, Inc. manufactures and sells structures, equipment, and components power generation, critical infrastructure, and other specialized applications in the United States. The company operates through Heavy Fabrications, Gearing, and Industrial Solutions segments. The Heavy Fabrications segment provides fabrications to customers in a range of industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. The Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including power generation, onshore and offshore oil and gas fracking and drilling, material handling, wind energy, surface and underground mining, steel, infrastructure, marine, defense, and other industrial markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions, light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, and electromechanical devices; and light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market, as well as packaging solutions and fabricated panels and sub-assemblies. It sells its products to the energy, mining, and infrastructure sectors through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.
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Frequently Asked Questions
Is BROADWIND, INC. (BWEN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), BROADWIND, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is BROADWIND, INC.'s debt ratio?
BROADWIND, INC.'s debt ratio is 58.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 24.3%.
What are BROADWIND, INC.'s key financial metrics?
BROADWIND, INC. has a market capitalization of $46M, trailing P/E ratio of 8.6, and revenue of $158M. The company maintains a gross margin of 10.2% and a net margin of 3.3%. Return on equity stands at 8.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.