Is MARINE PRODUCTS CORP (MPX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 21.1% / 30% | 1.9% / 30% | 1.22% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 21.1% / 33% | 1.9% / 33% | 1.22% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 30.6% / 33% | 2.7% / 33% | 1.22% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 21.1% / 33% | 1.9% / 33% | 1.22% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 30.6% / 33% | 2.7% / 50% | 1.22% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.1% | |
| Operating Margin | 6.3% | |
| Net Margin | 4.7% | |
| Return on Equity (ROE) | 9.0% | |
| Return on Assets (ROA) | 5.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $16M |
| Free Cash Flow | $15M |
| Debt-to-Equity | 0.1 |
| Current Ratio | 5.4 |
| Total Assets | $147M |
Price & Trading
| Last Close | $7.34 |
| 50-Day MA | $8.11 |
| 200-Day MA | $8.60 |
| Avg Volume | 41K |
| Beta | 1.1 |
|
52-Week Range
$6.83
| |
About MARINE PRODUCTS CORP (MPX)
Marine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sport boat and sport fishing boat markets in the United States. It offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series and Robalo outboard sport fishing boats. The company also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. It sells its products to a network of domestic and international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia. Marine Products Corporation operates as a subsidiary of LOR, Inc.
Purification Calculator
As a halal stock with 1.22% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is MARINE PRODUCTS CORP (MPX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MARINE PRODUCTS CORP 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 MARINE PRODUCTS CORP's debt ratio?
MARINE PRODUCTS CORP's debt ratio is 0.0% 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 0.0%.
Does MARINE PRODUCTS CORP require dividend purification?
Yes, MARINE PRODUCTS CORP has an impermissible income ratio of 1.22%, which means 1.22% 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 MARINE PRODUCTS CORP's key financial metrics?
MARINE PRODUCTS CORP has a market capitalization of $258M, trailing P/E ratio of 22.8, and revenue of $244M. The company maintains a gross margin of 19.1% and a net margin of 4.7%. Return on equity stands at 9.0%.
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.