Is Mueller Water Products, Inc. (MWA) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.3% / 30% | 9.9% / 30% | 5.7% / 30% | 0.94% / 5% | ✓ HALAL |
| DJIM | 10.3% / 33% | 9.9% / 33% | 5.7% / 33% | 0.94% / 5% | ✓ HALAL |
| MSCI | 24.6% / 33% | 23.5% / 33% | 13.5% / 33% | 0.94% / 5% | ✓ HALAL |
| S&P | 10.3% / 33% | 9.9% / 33% | 5.7% / 33% | 0.94% / 5% | ✓ HALAL |
| FTSE | 24.6% / 33% | 23.5% / 33% | 13.5% / 50% | 0.94% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 37.0% | |
| Operating Margin | 18.9% | |
| Net Margin | 13.8% | |
| Return on Equity (ROE) | 21.6% | |
| Return on Assets (ROA) | 10.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $219M |
| Free Cash Flow | $172M |
| Total Debt | $452M |
| Debt-to-Equity | 44.4 |
| Current Ratio | 4.0 |
| Total Assets | $1.8B |
Price & Trading
| Last Close | $27.80 |
| 50-Day MA | $28.26 |
| 200-Day MA | $25.82 |
| Avg Volume | 1.1M |
| Beta | 1.1 |
|
52-Week Range
$22.01
| |
About Mueller Water Products, Inc. (MWA)
Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Canada, and internationally. It operates in two segments, Water Flow Solutions and Water Management Solutions. The Water Flow Solutions segment provides valves for water systems, such as iron gate, butterfly, tapping, check, knife, plug, and ball valves, which are used to control distribution and transmission of potable water and non-potable water, as well as in water transmission or distribution, water treatment facilities, or industrial applications. It also offers service brass products. The Water Management Solutions segment offers dry-barrel and wet-barrel fire hydrants for water infrastructure development; fire protection systems, and water infrastructure repair and replacement projects; pipe repair products, such as couplings, grips, and clamps used to repair leaks; residential, fire protection, and commercial water metering products and systems; water leak detection and pipe condition assessment products and services; machines and tools for tapping, drilling, extracting, installing, and stopping-off; gas valve products for use in gas distribution systems; and intelligent water solutions, including pressure control valves, advanced pressure management, network analytics, event management, and date logging. It sells its products under the Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller Systems, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, Singer, Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, Sentryx, and U.S. Pipe Valve and Hydrant brands. Mueller Water Products, Inc. was founded in 1857 and is headquartered in Atlanta, Georgia.
Purification Calculator
As a halal stock with 0.94% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Mueller Water Products, Inc. (MWA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Mueller Water Products, Inc. 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 Mueller Water Products, Inc.'s debt ratio?
Mueller Water Products, Inc.'s debt ratio is 10.3% 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 24.6%.
Does Mueller Water Products, Inc. require dividend purification?
Yes, Mueller Water Products, Inc. has an impermissible income ratio of 0.94%, which means 0.94% 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 Mueller Water Products, Inc.'s key financial metrics?
Mueller Water Products, Inc. has a market capitalization of $4.2B, trailing P/E ratio of 21.3, and revenue of $1.4B. The company maintains a gross margin of 37.0% and a net margin of 13.8%. Return on equity stands at 21.6%.
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.