What is Marten Transport, Ltd.'s Shariah compliance score?

Marten Transport, Ltd. (MRTN) has a Shariah compliance score of 98/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Marten Transport, Ltd. pass AAOIFI screening?

Marten Transport, Ltd. (MRTN) passes 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% (MRTN: 0.0%), (3) interest-bearing deposits below 30% (MRTN: 2.8%), and (4) prohibited income below 5% (MRTN: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Marten Transport, Ltd. stock?

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Marten Transport, Ltd. (MRTN) 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 MRTN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

MRTN: Is Marten Transport, Ltd. Halal?

Marten Transport, Ltd.

NASDAQIndustrialsUS

$17.47

+0.92%

Market Cap: 1.4B

Compliance Status

Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

A+

Excellent

98Score

Is Marten Transport, Ltd. (MRTN) halal? Halal. Based on AAOIFI screening, Marten Transport, Ltd. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 98/100 (Grade: A+).

AvoidBorderlineClean

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%.

0.0% of 30.0% limit

What this means for you

You can own MRTN

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Marten Transport, Ltd.

Marten Transport, Ltd. functions as a prominent logistics firm, specializing in the temperature-controlled shipment of goods across the United States, Canada, and Mexico. The company's operations are divided into four main segments. Its Truckload division focuses on conveying food and other consumer packaged items that necessitate either a temperature-controlled or insulated environment. The Dedicated segment provides bespoke transportation solutions, utilizing various equipment like temperature-controlled trailers, dry vans, and other specialized vehicles to fulfill specific client requirements. Through its Intermodal activities, Marten Transport moves customer freight by placing its refrigerated containers and temperature-sensitive trailers on railway flatcars for portions of trips, complemented by its own tractors and contracted carriers for other segments. The Brokerage segment involves coordinating with external carriers to transport goods for clients, primarily utilizing temperature-controlled and dry van equipment. As of December 31, 2021, the company's fleet comprised 3,204 tractors, with 3,111 being company-owned and 93 supplied by independent contractors. Established in 1946, Marten Transport, Ltd. is headquartered in Mondovi, Wisconsin.

Sector: Industrials · Industry: Trucking

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 2026

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.

Fiscal: Q1 2025Data source: EDGAR

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Frequently Asked Questions

Is Marten Transport, Ltd. (MRTN) halal to invest in?

Based on AAOIFI Standard 21 screening, Marten Transport, Ltd. (MRTN) is rated Halal with a compliance grade of A+ (Excellent). 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 Marten Transport, Ltd. get a A+ compliance rating?

Marten Transport, Ltd. (MRTN) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 2.8% (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 Marten Transport, Ltd.'s Shariah verdict?

Marten Transport, Ltd.'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 Marten Transport, Ltd. re-screened for Shariah compliance?

Marten Transport, Ltd. (MRTN) 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 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.