National Presto Industries, Inc.

NPK: Is National Presto Industries, Inc. Halal?

National Presto Industries, Inc.

NYSEIndustrialsUS

$121.45

-0.52%

Market Cap: 870.3M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is National Presto Industries, Inc. (NPK) halal? Not Halal. Based on AAOIFI screening, National Presto Industries, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

3.8% of 30.0% limit

What this means for you

Most scholars advise not holding NPK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About National Presto Industries, Inc.

National Presto Industries, Inc. (NPK), a company established in 1905 and headquartered in Eau Claire, Wisconsin, primarily serves the North American market through its diverse operations. The company is structured into three main divisions: Housewares/Small Appliances, Defense, and Safety. The Housewares/Small Appliance segment is dedicated to the design, marketing, and distribution of a wide array of kitchenware and small electric devices. These products, often sold under the "Presto Control Master" brand, include essentials like pressure cookers, food canners, various temperature-controlled cooking surfaces (such as skillets, griddles, woks, and multi-cookers), slow cookers, deep and air fryers, waffle makers, and pizza ovens. Their extensive catalog also features slicer/shredders, electric heaters, several types of corn poppers (hot air, oil, microwave), dehydrators, rice cookers, specialized bacon and egg cookers, coffeemakers, electric tea kettles, knife sharpeners, and other assorted kitchen tools and timers. Sales for this division are conducted directly with retailers and through a network of independent distributors. NPK's Defense division manufactures and supplies specialized products for military applications. This includes 40mm ammunition, precision mechanical and electro-mechanical components, and cases for medium-caliber cartridges. Furthermore, the segment produces a range of energetic materials such as detonators, booster pellets, release cartridges, and lead azide. Its primary customers are the United States Department of Defense (DOD) and leading DOD prime contractors. Lastly, the Safety segment focuses on pioneering technology to enhance storage safety. Utilizing patented innovations in machine learning, digital sensors, and cloud-based systems, this division continuously monitors freezers and refrigerators. Its purpose is to detect potential issues and alert users to safety concerns regarding stored pharmaceuticals and food items.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited activity detected: ammunition

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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is National Presto Industries, Inc. (NPK) halal to invest in?
National Presto Industries, Inc. (NPK) 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 National Presto Industries, Inc. get a F compliance rating?
National Presto Industries, Inc. (NPK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.8% (limit 30%); interest-bearing deposits of 0.4% (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 National Presto Industries, Inc.'s Shariah verdict?
National Presto Industries, 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 National Presto Industries, Inc. re-screened for Shariah compliance?
National Presto Industries, Inc. (NPK) 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.