Is Fastenal (FAST) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.8% / 30% | 0.5% / 30% | 2.3% / 30% | 0.07% / 5% | ✓ HALAL |
| DJIM | 0.8% / 33% | 0.5% / 33% | 2.3% / 33% | 0.07% / 5% | ✓ HALAL |
| MSCI | 8.7% / 33% | 5.5% / 33% | 24.6% / 33% | 0.07% / 5% | ✓ HALAL |
| S&P | 0.8% / 33% | 0.5% / 33% | 2.3% / 33% | 0.07% / 5% | ✓ HALAL |
| FTSE | 8.7% / 33% | 5.5% / 33% | 24.6% / 50% | 0.07% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.0% | |
| Operating Margin | 19.0% | |
| Net Margin | 15.3% | |
| Return on Equity (ROE) | 33.3% | |
| Return on Assets (ROA) | 21.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.3B |
| Free Cash Flow | $1.1B |
| Total Debt | $442M |
| Debt-to-Equity | 11.2 |
| Current Ratio | 4.9 |
| Total Assets | $5.1B |
Price & Trading
| Last Close | $45.11 |
| 50-Day MA | $45.43 |
| 200-Day MA | $44.53 |
| Avg Volume | 8.7M |
| Beta | 0.9 |
|
52-Week Range
$35.30
| |
About Fastenal (FAST)
Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Purification Calculator
As a halal stock with 0.07% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Fastenal (FAST) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fastenal is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Fastenal's debt ratio?
Fastenal's debt ratio is 0.8% 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 8.7%.
Does Fastenal require dividend purification?
Yes, Fastenal has an impermissible income ratio of 0.07%, which means 0.07% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Fastenal's key financial metrics?
Fastenal has a market capitalization of $51.6B, trailing P/E ratio of 41.2, and revenue of $8.2B. The company maintains a gross margin of 45.0% and a net margin of 15.3%. Return on equity stands at 33.3%.
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.