Dnow Inc.

DNOW: Is Dnow Inc. Halal?

Dnow Inc.

NYSEIndustrialsUS

$14.41

+1.19%

Market Cap: 1.7B

Compliance Status

Halal

Screened on Aug 9, 2026 · AAOIFI Standard 21

A

Very Good

84Score

Is Dnow Inc. (DNOW) halal? Halal. Based on AAOIFI screening, Dnow Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

13.6% of 30.0% limit

What this means for you

You can own DNOW

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened DNOW's prohibited income, but the exact share you would need to purify is part of Pro.

See what I owe (free for 7 days)

About Dnow Inc.

Dnow Inc. operates as a key supplier of industrial and downstream energy products for various sectors, including petroleum refining, chemical processing, liquefied natural gas (LNG) terminals, power generation utilities, and diverse industrial manufacturing operations. Its market presence spans the United States, Canada, and international territories. The firm markets its extensive product range under its proprietary brand names, DistributionNOW and DNOW. It furnishes a broad array of critical components and supplies, encompassing consumable maintenance, repair, and operational (MRO) items. This includes an extensive inventory of pipes, valves, fittings, flanges, gaskets, fasteners, electrical components, instrumentation, artificial lift systems, pumping solutions, valve actuation and modular process equipment, and measurement and control apparatus. Furthermore, Dnow provides mill supplies, various tools, and comprehensive safety and personal protective equipment (PPE), alongside specialized applied products like protective coatings and diverse expendable goods. Beyond these items, the company also deals in original equipment manufacturer (OEM) machinery, such as pumps, generator sets, air and gas compressors, dryers, blowers, mixers, and valves. Dnow delivers integrated modular oil and gas tank battery solutions, comprehensive application systems, streamlined work processes, efficient parts integration, optimization strategies, and robust after-sales support. Moreover, Dnow extends its expertise to supply chain and materials management, offering services like procurement, inventory planning and control, and warehouse administration. Its solutions further address logistics, point-of-issue technological implementation, project coordination, business process enhancement, and detailed performance metrics reporting. Operating from a vast network of approximately 180 sites, Dnow caters to clients across the entire energy value chain—upstream, midstream, and downstream. Its diverse clientele comprises drilling and well-servicing contractors, independent and national oil and gas enterprises, midstream infrastructure operators, and facilities such as refineries, petrochemical and chemical plants, and utilities. The company also supports a wide range of other downstream energy processors, alongside various industrial and manufacturing entities. Established in 1862, NOW Inc. (Dnow Inc.) maintains its corporate headquarters in Houston, Texas.

Sector: Industrials · Industry: Industrial - Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 9, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Dnow Inc. (DNOW) halal to invest in?
Based on AAOIFI Standard 21 screening, Dnow Inc. (DNOW) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Dnow Inc. get a A compliance rating?
Dnow Inc. (DNOW) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Dnow Inc.'s Shariah verdict?
Dnow Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Dnow Inc. re-screened for Shariah compliance?
Dnow Inc. (DNOW) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 9, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.