DXP Enterprises, Inc.

DXPE: Is DXP Enterprises, Inc. Halal?

DXP Enterprises, Inc.

NASDAQIndustrialsUS

$162.60

-1.44%

Market Cap: 2.5B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is DXP Enterprises, Inc. (DXPE) halal? Not Halal. Based on AAOIFI screening, DXP Enterprises, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

32.5% of 30.0% limit

What this means for you

Most scholars advise not holding DXPE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About DXP Enterprises, Inc.

DXP Enterprises, Inc., operating through its subsidiaries, specializes in providing essential maintenance, repair, and operational (MRO) products, machinery, and related services. Its primary customer base comprises energy and industrial companies, predominantly situated in the United States and Canada. The company's activities are divided into three distinct segments: Service Centers (SC), Supply Chain Services (SCS), and Innovative Pumping Solutions (IPS). The Service Centers (SC) division offers a wide array of MRO items, equipment, and integrated services, including technical assistance and logistics support. Its product range is extensive, covering categories such as rotating equipment, bearings, power transmission, hoses, fluid power, metalworking tools, fasteners, general industrial supplies, and various safety products and services. This segment serves a broad spectrum of industries, including oil and gas, food and beverage, petrochemical, transportation, manufacturing, mining, construction, chemical, municipal, agriculture, and pulp and paper. The Supply Chain Services (SCS) segment focuses on delivering advanced procurement and inventory management solutions. It offers outsourced MRO services aimed at optimizing the sourcing of MRO products through inventory management, efficient storeroom operations, transaction consolidation, vendor oversight, cost-effective procurement, productivity improvements, and customized reporting. This segment's proprietary programs include SmartAgreement (a comprehensive procurement solution), SmartBuy (for on-site or centralized MRO purchasing), SmartSource (on-site procurement and storeroom management), SmartStore (an e-catalog system), SmartVend (an industrial dispensing solution), and SmartServ (an integrated pump service). Lastly, the Innovative Pumping Solutions (IPS) segment is dedicated to the custom fabrication and assembly of pump packages, the remanufacturing of pumps, and the manufacturing of its own private label branded pumps. Founded in 1908, DXP Enterprises maintains its corporate headquarters in Houston, Texas.

Sector: Industrials · Industry: Industrial - Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
Free · No credit card required

Track DXPE and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is DXP Enterprises, Inc. (DXPE) halal to invest in?
DXP Enterprises, Inc. (DXPE) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did DXP Enterprises, Inc. get a F compliance rating?
DXP Enterprises, Inc. (DXPE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 32.5% (limit 30%); interest-bearing deposits of 12.0% (limit 30%); prohibited income of 0.22% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change DXP Enterprises, Inc.'s Shariah verdict?
DXP Enterprises, 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 DXP Enterprises, Inc. re-screened for Shariah compliance?
DXP Enterprises, Inc. (DXPE) 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: Jul 20, 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.