
FSTR: Is L.B. Foster Company Halal?
L.B. Foster Company
$41.92
+0.12%
Market Cap: 438.4M
Compliance Status
Halal
Screened on Aug 30, 2026 · AAOIFI Standard 21
Very Good
Is L.B. Foster Company (FSTR) halal? Halal. Based on AAOIFI screening, L.B. Foster Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).
Quote this verdict
HalalScreener rates L.B. Foster Company (FSTR) Halal, 89/100, grade A under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/FSTR
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own FSTR
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened FSTR's prohibited income, but the exact share you would need to purify is part of Pro.
About L.B. Foster Company
L.B. Foster Company is a global provider of specialized, engineered, and manufactured solutions tailored for building and infrastructure development. Its "Rail, Technologies, and Services" division supplies new and used rail to diverse clients, including passenger and short-line freight railroads, industrial enterprises, and rail construction contractors. This segment also delivers a comprehensive array of rail accessories, such as track spikes, anchors, bolts, angle bars, and tie plates. Furthermore, it offers specialized items like power rail, direct fixation fasteners, coverboards, and trackwork components, alongside the design and production of insulated rail joints and related parts. The division's portfolio extends to advanced solutions for friction management, railway condition monitoring, wheel impact detection, wayside data collection, and engineered concrete ties, complemented by ongoing aftermarket support. The "Precast Concrete Products" segment manufactures a variety of custom precast concrete items. These include sound barriers, burial vaults, bridge beams, box culverts, septic tanks, and other pre-stressed products designed for the transportation and broader infrastructure sectors. This segment also constructs prefabricated concrete buildings, used as public restrooms, concession kiosks, and protective storage units, primarily for national, state, and municipal parks. Meanwhile, the "Steel Products and Measurement" segment focuses on highway construction and repair, offering bridge decking, railings, fabricated structural steel, expansion joints, and bridge forms. Additionally, this division produces threaded pipe products essential for industrial water wells, irrigation systems, and the oil and gas industry. It also provides protective pipe coatings for energy pipelines and utility applications, as well as precise measurement systems specifically for the petroleum market. The company reaches its customers through both direct sales and an extensive network of agents. Established in 1902, L.B. Foster Company maintains its corporate headquarters in Pittsburgh, Pennsylvania.
Sector: Industrials · Industry: Railroads
Shariah Compliance Status
Compliance History
Halal, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.