
Is H.B. Fuller (FUL) stock Halal?
September 2026 AAOIFI screening result for H.B. Fuller Co. (FUL): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. H.B. Fuller Co. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
H.B. Fuller is a global supplier of adhesives, sealants, and other specialty chemical products, primarily serving the industrial and packaging sectors. Founded in 1887 and headquartered in St. Paul, Minnesota, the company has established itself as a critical player in industries ranging from aerospace and construction to hygiene and electronics. H.B. Fuller Co. focuses on providing innovative solutions that enhance product durability, efficiency, and sustainability. Before any of that matters to a Muslim investor, one question comes first: is H.B. Fuller stock Halal?
Is H.B. Fuller Shariah compliant?
For a resources company like H.B. Fuller, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does H.B. Fuller pass the business activity test?
The activity screen is only part of the picture this month: H.B. Fuller currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is H.B. Fuller's income Halal?
Yes, within AAOIFI's tolerance. H.B. Fuller's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does H.B. Fuller 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?



