
NSYS: Is Nortech Systems Incorporated Halal?
Nortech Systems Incorporated
$12.19
+4.64%
Market Cap: 34.1M
Compliance Status
Halal
Screened on Aug 26, 2026 · AAOIFI Standard 21
Excellent
Is Nortech Systems Incorporated (NSYS) halal? Halal. Based on AAOIFI screening, Nortech Systems Incorporated passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own NSYS
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
Purification amount is Pro
We have screened NSYS's prohibited income, but the exact share you would need to purify is part of Pro.
About Nortech Systems Incorporated
Nortech Systems Incorporated, founded in 1990 and headquartered in Maple Grove, Minnesota, specializes in delivering comprehensive design and manufacturing solutions. The company provides end-to-end services for various intricate systems, including electromedical devices, electromechanical systems, and their related assemblies and components, catering to markets in the United States, Mexico, and China. Its broad service offering spans technical expertise, manufacturing capabilities, and crucial support functions. These encompass initial project planning, innovative design, thorough testing, rapid prototyping, full-scale production, strategic supply chain management, and essential post-market assistance. Furthermore, Nortech Systems offers specialized engineering and manufacturing for critical items such as medical equipment, printed circuit board assemblies, wire and cable configurations, and complex higher-level electromechanical systems. They also extend their services to include general engineering and repair. The company primarily serves original equipment manufacturers (OEMs) within the aerospace and defense, medical, and industrial sectors. Nortech Systems cultivates these client relationships through its dedicated business development teams and a network of independent manufacturers' representatives.
Sector: Healthcare · Industry: Medical - Devices
Shariah Compliance Status
Compliance History
Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.