What is Methode Electronics, Inc.'s Shariah compliance score?

Methode Electronics, Inc.'s (MEI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Methode Electronics, Inc. pass AAOIFI screening?

Methode Electronics, Inc. (MEI) 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% (MEI: 59.7%), (3) interest-bearing deposits below 30% (MEI: 19.5%), and (4) prohibited income below 5% (MEI: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Methode Electronics, Inc. stock?

Methode Electronics, Inc. (MEI) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MEI 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 Methode Electronics, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Methode Electronics, Inc. (MEI) 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 MEI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MEI: Is Methode Electronics, Inc. Halal?

Methode Electronics, Inc.

NYSETechnologyUS

$18.00

+37.51%

Market Cap: 637.7M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Methode Electronics, Inc. (MEI) halal? Not Halal. Based on AAOIFI screening, Methode Electronics, Inc. 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%.

59.7% of 30.0% limit

What this means for you

Most scholars advise not holding MEI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Methode Electronics, Inc.

Methode Electronics, Inc. designs, engineers, produces, and sells mechatronic products internationally. The company operates in three segments: Automotive, Industrial, and Interface. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile original equipment manufacturers directly or through their tiered suppliers. This segment products include integrated overhead and center consoles, hidden and ergonomic switches, transmission lead-frames, complex insert molded solutions, LED-based lighting solutions, and sensors, which incorporate magneto-elastic sensing, or other sensing technologies that monitor the operation or status of a component or system. The Industrial segment manufactures exterior and interior lighting solutions, industrial safety radio remote controls, braided flexible cables, current-carrying laminated busbars and devices, custom power-product assemblies comprising PowerRail solutions, high-current high-voltage flexible power cabling systems, and powder-coated busbars that are used in various markets and applications, including aerospace, commercial vehicles, data centers, industrial equipment, military, power conversion, telecommunications, and transportation. The Interface segment provides a variety of high-speed digital communication over copper media solutions for the data center and broadband markets, and interface panel solutions for the appliance market; and solutions, including copper transceivers, distribution point units, and solid-state field-effect consumer touch panels. The company serves end markets of transportation, including automotive, commercial vehicle, e-bike, aerospace, bus, and rail; and cloud computing infrastructure, construction equipment, and consumer appliance industries. Methode Electronics, Inc. was incorporated in 1946 and is headquartered in Chicago, Illinois.

Sector: Technology · Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 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: FY 2026Data source: EDGAR

Halal Alternatives in Technology

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

UIA+

Ubiquiti Inc.

$608.16

+0.85%

0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

More Technology Stocks

MSFT

Microsoft Corporation

A+

GOOGL

Alphabet Inc.

A+

AAPL

Apple Inc.

A+

NVDA

NVIDIA Corporation

A+

CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

Track MEI 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.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Methode Electronics, Inc. (MEI) halal to invest in?

Methode Electronics, Inc. (MEI) 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 Methode Electronics, Inc. get a F compliance rating?

Methode Electronics, Inc. (MEI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 59.7% (limit 30%); interest-bearing deposits of 19.5% (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 Methode Electronics, Inc.'s Shariah verdict?

Methode Electronics, 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 Methode Electronics, Inc. re-screened for Shariah compliance?

Methode Electronics, Inc. (MEI) 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 18, 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.