What is Matthews International Corporation's Shariah compliance score?

Matthews International Corporation's (MATW) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Matthews International Corporation pass AAOIFI screening?

Matthews International Corporation (MATW) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (MATW: 82.7%), (3) interest-bearing deposits below 30% (MATW: 3.9%), and (4) prohibited income below 5% (MATW: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Matthews International Corporation stock?

Matthews International Corporation (MATW) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MATW shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Matthews International Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Matthews International Corporation (MATW) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about MATW's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MATW: Is Matthews International Corporation Halal?

Matthews International Corporation

NASDAQIndustrialsUS

$26.66

-1.19%

Market Cap: 831.9M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

82.7% of 30.0% limit

What this means for you

Most scholars advise not holding MATW

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Matthews International Corporation

Operating globally, Matthews International Corporation specializes in brand solutions, memorialization items, and advanced industrial technologies. The company's operations are divided into three principal segments: SGK Brand Solutions, Memorialization, and Industrial Technologies. Through its SGK Brand Solutions division, Matthews International assists the consumer goods and retail sectors with comprehensive brand management, pre-media offerings, printing plates and cylinders, specialized engineered products, imaging, digital asset management, merchandising display solutions, and various marketing and design services. The Memorialization segment caters to the cemetery and funeral home industries, supplying a diverse range of products. These include bronze and granite memorials, upright monuments, cremation-related items like urns and niche units, along with other cemetery features such as benches, flower vases, crypt plates, letters, and statues. Additionally, this segment furnishes caskets and essential cremation and incineration equipment. Lastly, the Industrial Technologies segment offers solutions for warehousing and broader industrial applications. It supplies marking and coding machinery and related consumables, industrial automation tools, and sophisticated order fulfillment systems designed to identify, track, pick, and transport both consumer and industrial goods efficiently. Established in 1850, Matthews International Corporation maintains its headquarters in Pittsburgh, Pennsylvania.

Sector: Industrials · Industry: Conglomerates

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$17.80

+1.37%

FASTA+

Fastenal Company

$45.49

+0.30%

ODFLA+

Old Dominion Freight Line, Inc.

$233.84

-0.43%

SAIAA+

Saia, Inc.

$467.89

-6.83%

ADURA+

Aduro Clean Technologies Inc.

$13.86

-1.56%

More Industrials Stocks

GE Aerospace

A+

CAT

Caterpillar Inc.

RTX

RTX Corporation

UNP

Union Pacific Corporation

HON

Honeywell International Inc.

UPS

United Parcel Service, Inc.

B+

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Frequently Asked Questions

Is Matthews International Corporation (MATW) halal to invest in?

Matthews International Corporation (MATW) 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 Matthews International Corporation get a F compliance rating?

Matthews International Corporation (MATW) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 82.7% (limit 30%); interest-bearing deposits of 3.9% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Matthews International Corporation's Shariah verdict?

Matthews International Corporation'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 Matthews International Corporation re-screened for Shariah compliance?

Matthews International Corporation (MATW) 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 19, 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.