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Is DXP Enterprises (DXPE) stock Halal?

NASDAQ
Shariah-Compliant
Not Shariah

DXP Enterprises, Inc. (DXPE) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens DXPE monthly, and a stock can return to compliance when new financial reports change its ratios.

DXP Enterprises is a prominent player in the industrial distribution sector, specializing in providing a comprehensive range of products and services to enhance operational efficiencies and meet the industrial demands of various sectors. The company primarily serves industries such as oil and gas, food and beverage, construction, chemical, and manufacturing. They offer a diverse product line including pumps, bearings, power transmission components, and safety supplies, coupled with integrated solutions like engineering services, maintenance, and repair operations. Before any of that matters to a Muslim investor, one question comes first: is DXP Enterprises stock Halal?

Is DXP Enterprises Shariah compliant?

Industrial businesses like DXP Enterprises usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.

Does DXP Enterprises pass the business activity test?

The activity screen is only part of the picture this month: DXP Enterprises currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.

Is DXP Enterprises' income Halal?

Yes, within AAOIFI's tolerance. DXP Enterprises' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.

Does DXP Enterprises meet AAOIFI's debt and investment ratio requirements?

Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.

Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.

New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?

Frequently asked questions

Is DXP Enterprises, Inc. DXPE stock Halal to invest in?

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How often is DXP Enterprises, Inc. DXPE reviewed for Shariah compliance?

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Does DXP Enterprises, Inc. DXPE pass the AAOIFI Non Permissible Income criteria?

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Does DXP Enterprises, Inc. DXPE pass the AAOIFI Interest Bearing Investments criteria?

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Does DXP Enterprises, Inc. DXPE pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for DXP Enterprises, Inc. DXPE stock?

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Does DXP Enterprises, Inc. DXPE pass the AAOIFI Preference Share screen?

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Can I buy DXP Enterprises (DXPE) stock on Tabadulat?

DXP Enterprises (DXPE) does not currently pass AAOIFI screening, so it isn't available to trade among the Halal stocks on Tabadulat. You can still open an account, track DXPE with the free Halal stock screener, and discover Shariah compliant stocks to invest in instead. Compliance is re-screened monthly, and stocks can regain Halal status when their financials change.

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