Mueller Water Products, Inc.

MWA: Is Mueller Water Products, Inc. Halal?

Mueller Water Products, Inc.

NYSEIndustrialsUS

$25.94

+4.30%

Market Cap: 4.1B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A

Very Good

83Score

Is Mueller Water Products, Inc. (MWA) halal? Halal. Based on AAOIFI screening, Mueller Water Products, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

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%.

11.1% of 30.0% limit

What this means for you

You can own MWA

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

Purify 0.3% of your income from MWA

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Mueller Water Products, Inc.

Mueller Water Products Inc. (MWA) is a leading provider of products and services crucial for the conveyance, distribution, and precise measurement of water throughout North America and internationally. The company's diverse portfolio serves municipal authorities, as well as the residential and commercial construction industries. Its operations are structured into two primary segments: Infrastructure and Technologies. The Infrastructure division is responsible for manufacturing and supplying a wide range of valves vital for water and gas systems, including varieties such as iron gate, butterfly, tapping, check, knife, plug, automatic control, and ball valves. This segment also produces dry-barrel and wet-barrel fire hydrants, service brass components, and pipe repair solutions like clamps and couplings designed to address leaks. Notable brands in this segment include Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, and Singer. In contrast, the Technologies segment offers advanced solutions for residential and commercial water metering, alongside products, systems, and services for water leak detection and the assessment of pipe conditions. Key brands under the Technologies segment include Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, and Sentryx. Founded in 1857, Mueller Water Products is headquartered in Atlanta, Georgia.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Mueller Water Products, Inc. (MWA) halal to invest in?
Based on AAOIFI Standard 21 screening, Mueller Water Products, Inc. (MWA) 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 Mueller Water Products, Inc. get a A compliance rating?
Mueller Water Products, Inc. (MWA) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.1% (limit 30%); interest-bearing deposits of 7.6% (limit 30%); prohibited income of 0.28% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Mueller Water Products, Inc.'s Shariah verdict?
Mueller Water Products, 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 Mueller Water Products, Inc. re-screened for Shariah compliance?
Mueller Water Products, Inc. (MWA) 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 17, 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.