Is TAYLOR DEVICES, INC. (TAYD) Halal?
Shariah Screening — 5 Standards
Based on financial data from May 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 13.8% / 30% | 4.2% / 30% | 3.03% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 13.8% / 33% | 4.2% / 33% | 3.03% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 50.3% / 33% | 15.3% / 33% | 3.03% / 5% | ✗ NOT HALAL |
| S&P | 0.0% / 33% | 13.8% / 33% | 4.2% / 33% | 3.03% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 50.3% / 33% | 15.3% / 50% | 3.03% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 46.1% | |
| Operating Margin | 19.2% | |
| Net Margin | 20.8% | |
| Return on Equity (ROE) | 16.1% | |
| Return on Assets (ROA) | 9.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $5M |
| Current Ratio | 10.0 |
| Total Assets | $72M |
Price & Trading
| Last Close | $75.01 |
| 50-Day MA | $78.93 |
| 200-Day MA | $55.72 |
| Avg Volume | 43K |
| Beta | 0.9 |
|
52-Week Range
$29.50
| |
About TAYLOR DEVICES, INC. (TAYD)
Taylor Devices, Inc. designs, develops, manufactures, and markets shock absorption, rate control, and energy storage devices for use in machinery, equipment, and structures in the United States, Asia, and internationally. The company offers seismic dampers that are designed to mitigate the effects of earthquakes on structures; Fluidicshoks, which are compact shock absorbers primarily used in the defense, aerospace, and commercial industries; and crane and industrial buffers, which are larger versions of Fluidicshoks for industrial applications on cranes and crane trolleys, truck docks, ladle and ingot cars, ore trolleys and train car stops. It also provides self-adjusting shock absorbers that include versions of Fluidicshoks, and crane and industrial buffers, which automatically adjust to various impact conditions and are designed for high cycle application primarily in the heavy industry; liquid die springs that are used as component parts of machinery and equipment used in the manufacture of tools and dies; vibration dampers, which are primarily used by aerospace and defense industries to control the response of electronics and optical systems subjected to air, ship, or spacecraft vibration; machined springs used in the aerospace applications; custom shock and vibration isolators comprising, liquid springs, fluid dampers, elastomeric springs, and Pumpkin mounts; and custom actuators for special aerospace and defense applications. The company markets its products through sales representatives. Taylor Devices, Inc. was incorporated in 1955 and is headquartered in North Tonawanda, New York.
Purification Calculator
As a halal stock with 3.03% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is TAYLOR DEVICES, INC. (TAYD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TAYLOR DEVICES, 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 TAYLOR DEVICES, INC.'s debt ratio?
TAYLOR DEVICES, INC.'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 TAYLOR DEVICES, INC. require dividend purification?
Yes, TAYLOR DEVICES, INC. has an impermissible income ratio of 3.03%, which means 3.03% 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 TAYLOR DEVICES, INC.'s key financial metrics?
TAYLOR DEVICES, INC. has a market capitalization of $236M, trailing P/E ratio of 24.9, and revenue of $46M. The company maintains a gross margin of 46.1% and a net margin of 20.8%. Return on equity stands at 16.1%.
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.