Is IDEX Corp. IEX stock halal to invest in?

Yes, as of August 2026, IDEX Corp. stock (IEX) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. IDEX Corp. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 100%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of IDEX Corp. and explore other Shariah compliant stocks in the Tabadulat app.

How often is IDEX Corp. IEX reviewed for Shariah compliance?

Tabadulat reviews IDEX Corp. IEX for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for IDEX Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does IDEX Corp. IEX pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, IDEX Corp. stock (IEX) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. IDEX Corp.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does IDEX Corp. IEX pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, IDEX Corp. stock (IEX) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). IDEX Corp.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does IDEX Corp. IEX pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, IDEX Corp. stock (IEX) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. IDEX Corp.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for IDEX Corp. IEX stock?

As of August 2026, the dividend purification factor for IDEX Corp. (IEX) is 100%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on IDEX Corp. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does IDEX Corp. IEX pass the AAOIFI Preference Share screen?

Yes, as of August 2026, IDEX Corp. stock (IEX) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. IDEX Corp. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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IDEX Corp.

NYSE

Shariah-Compliant

Not Shariah

IEX

About

IDEX Corp.

IEX

IDEX Corporation is a global industrial manufacturer specializing in highly engineered products for niche markets. Its primary function is to develop and produce mission-critical components such as fluid and metering systems, precision optics, fire and rescue equipment, and specialty tools used across industrial, scientific, and safety-focused sectors. The company operates through three core segments: Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products, each addressing unique market requirements from chemical processing and life sciences to industrial safety and analytical instrumentation. IDEX serves industries including pharmaceuticals, food and beverage, water treatment, semiconductor manufacturing, and emergency response, delivering solutions that enable precise measurement, flow control, and operational safety. Its decentralized structure, comprising over 50 businesses and thousands of employees worldwide, ensures agile product development and customer-focused service. Within the financial market, IDEX Corporation is widely recognized for the reliability and innovation of its products, contributing to various critical infrastructure and technological advancements across the globe.

Sector:

Industrials

Industry:

Specialty Industrial Machinery

Employees:

9000

Website:

https://www.idexcorp.com

IEX

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IDEX Corp.

About

IDEX Corp.

IEX

Frequently asked questions

Is IDEX Corp. IEX stock halal to invest in?

How often is IDEX Corp. IEX reviewed for Shariah compliance?

Does IDEX Corp. IEX pass the AAOIFI Non Permissible Income criteria?

Does IDEX Corp. IEX pass the AAOIFI Interest Bearing Investments criteria?

Does IDEX Corp. IEX pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for IDEX Corp. IEX stock?

Does IDEX Corp. IEX pass the AAOIFI Preference Share screen?

How do I buy IDEX (IEX) stock?

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