Is Flexsteel Industries (FLXS) Stock Halal?

Compliance Status

Halal

Screened on Nov 13, 2026 · AAOIFI Standard 21

A

Very Good

88Score

Is Flexsteel Industries, Inc. (FLXS) halal? Halal. Based on AAOIFI screening, Flexsteel Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 88/100 (Grade: A).

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HalalScreener rates Flexsteel Industries, Inc. (FLXS) Halal, 88/100, grade A under AAOIFI Standard 21, screened Nov 13, 2026. Source: https://halalscreener.app/en/stock/FLXS

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%.

12.4% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own FLXS

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

Purification amount is Pro

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

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Flexsteel Industries, Inc.

FLXS

Flexsteel Industries, Inc.

NASDAQConsumer CyclicalUS

$75.13

+0.31%

Market Cap: 402.4M

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About Flexsteel Industries, Inc.

Flexsteel Industries, Inc., operating alongside its subsidiaries, manufactures, imports, and markets upholstered and wooden furniture both online and through traditional channels. Their offerings, serving both home and commercial clients across the United States, include a wide range of products such as sofas, loveseats, various chairs (including recliners, rocker-recliners, and swivel options), sofa beds, and convertible bedding units. Beyond seating, they also provide occasional tables, desks, dining sets, and bedroom furnishings. The company distributes its products through its e-commerce presence and a network of dealers. Flexsteel Industries, Inc. was established in 1893 and is based in Dubuque, Iowa.

Sector: Consumer Cyclical · Industry: Furnishings, Fixtures & Appliances

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 13, 2026
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Revenue BreakdownProSee plans

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2025Data source: EDGAR
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Frequently Asked Questions

Is Flexsteel Industries, Inc. (FLXS) halal to invest in?
Based on AAOIFI Standard 21 screening, Flexsteel Industries, Inc. (FLXS) 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 Flexsteel Industries, Inc. get a A compliance rating?
Flexsteel Industries, Inc. (FLXS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 12.4% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Flexsteel Industries, Inc.'s Shariah verdict?
Flexsteel Industries, Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Flexsteel Industries, Inc. re-screened for Shariah compliance?
Flexsteel Industries, Inc. (FLXS) is screened from the latest financial statements on record, currently those for fiscal Q1 2025. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 13, 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.