Is IDEX CORP /DE/ (IEX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.5% / 30% | 3.9% / 30% | 3.5% / 30% | 0.67% / 5% | ✓ HALAL |
| DJIM | 12.5% / 33% | 3.9% / 33% | 3.5% / 33% | 0.67% / 5% | ✓ HALAL |
| MSCI | 26.7% / 33% | 8.4% / 33% | 7.5% / 33% | 0.67% / 5% | ✓ HALAL |
| S&P | 12.5% / 33% | 3.9% / 33% | 3.5% / 33% | 0.67% / 5% | ✓ HALAL |
| FTSE | 26.7% / 33% | 8.4% / 33% | 7.5% / 50% | 0.67% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.5% | |
| Operating Margin | 20.7% | |
| Net Margin | 14.0% | |
| Return on Equity (ROE) | 12.3% | |
| Return on Assets (ROA) | 6.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $680M |
| Free Cash Flow | $617M |
| Total Debt | $1.8B |
| Debt-to-Equity | 48.3 |
| Current Ratio | 2.9 |
| Total Assets | $6.9B |
Price & Trading
| Last Close | $189.73 |
| 50-Day MA | $200.21 |
| 200-Day MA | $178.56 |
| Avg Volume | 805K |
| Beta | 1.0 |
|
52-Week Range
$153.36
| |
About IDEX CORP /DE/ (IEX)
IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, North America, Europe, Asia, and internationally. It operates through three segments: Health & Science Technologies (HST), Fluid & Metering Technologies (FMT) and Fire & Safety/Diversified Products (FSDP). The HST segment designs, produces, and distributes a range of precision fluidics, positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions, high performance molded and extruded sealing components, and custom mechanical and shaft seals. This segment also offers engineered hygienic mixers and valves, biocompatible medical devices and implantable products, air compressors and blowers, optical components and coatings, ultra-precision diamond tools, and laboratory and commercial equipment, as well as precision photonic solutions, technical ceramics, hermetic sealing products, porous material structures, and flow control solutions. The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, other fluid-handling pump modules, and systems; and provides flow monitoring and other services. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, and rescue tools; lifting bags and other components and systems; engineered stainless steel banding and clamping devices; and precision equipment for dispensing, metering, and mixing colorants and paints. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.
Purification Calculator
As a halal stock with 0.67% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is IDEX CORP /DE/ (IEX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), IDEX CORP /DE/ 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 IDEX CORP /DE/'s debt ratio?
IDEX CORP /DE/'s debt ratio is 12.5% 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 26.7%.
Does IDEX CORP /DE/ require dividend purification?
Yes, IDEX CORP /DE/ has an impermissible income ratio of 0.67%, which means 0.67% 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 IDEX CORP /DE/'s key financial metrics?
IDEX CORP /DE/ has a market capitalization of $13.9B, trailing P/E ratio of 29.1, and revenue of $3.5B. The company maintains a gross margin of 44.5% and a net margin of 14.0%. Return on equity stands at 12.3%.
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.