Is Strattec Security Corp. STRT stock halal to invest in?

No, as of August 2026, Strattec Security Corp. stock (STRT) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Strattec Security Corp. currently does not meet the threshold for the interest-bearing investments screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Strattec Security Corp. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Strattec Security Corp. STRT reviewed for Shariah compliance?

Tabadulat reviews Strattec Security Corp. STRT 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 Strattec Security 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 reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Strattec Security Corp. STRT pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Strattec Security Corp. stock (STRT) 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. Strattec Security 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 Strattec Security Corp. STRT pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Strattec Security Corp. stock (STRT) does not pass 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. Strattec Security Corp.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Strattec Security Corp. STRT pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Strattec Security Corp. stock (STRT) 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. Strattec Security 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 Strattec Security Corp. STRT stock?

Strattec Security Corp. (STRT) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Strattec Security Corp. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Strattec Security Corp. STRT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Strattec Security Corp. stock (STRT) 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. Strattec Security 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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STRATTEC Security Corp.

NASDAQ

Shariah-Compliant

Not Shariah

STRT

About

STRATTEC Security Corp.

STRT

Strattec Security Corporation is a prominent designer and producer of automotive access control products and systems. The company's core offerings include a variety of high-security mechanical to electronic vehicle lock systems, keys, and ignition locks. Serving major automotive manufacturers and OEMs, Strattec is integral in enhancing vehicle security and user experience. Strattec Security's innovative solutions are also pivotal in facilitating seamless entry access, contributing to the growing demand for advanced security measures in the automotive industry. Headquartered in Milwaukee, Wisconsin, Strattec leverages decades of experience and technical expertise to maintain its competitive edge in the automotive sector. Beyond automobiles, the company also extends its precision manufacturing capabilities to produce critical components for the heavy truck, power tool industries, and even access controller products, underscoring its versatility and market significance.

Sector:

Consumer Cyclical

Industry:

Auto Parts

Employees:

2848

Website:

https://www.strattec.com

STRT

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STRATTEC Security Corp.

About

STRATTEC Security Corp.

STRT

Frequently asked questions

Is Strattec Security Corp. STRT stock halal to invest in?

How often is Strattec Security Corp. STRT reviewed for Shariah compliance?

Does Strattec Security Corp. STRT pass the AAOIFI Non Permissible Income criteria?

Does Strattec Security Corp. STRT pass the AAOIFI Interest Bearing Investments criteria?

Does Strattec Security Corp. STRT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Strattec Security Corp. STRT stock?

Does Strattec Security Corp. STRT pass the AAOIFI Preference Share screen?

Can I buy Strattec Security (STRT) stock on Tabadulat?

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