Omega Flex, Inc.

OFLX: Is Omega Flex, Inc. Halal?

Omega Flex, Inc.

NASDAQIndustrialsUS

$26.97

-1.06%

Market Cap: 272.2M

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

B+

Good

73Score

Is Omega Flex, Inc. (OFLX) halal? Halal. Based on AAOIFI screening, Omega Flex, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 73/100 (Grade: B+).

Quote this verdict

HalalScreener rates Omega Flex, Inc. (OFLX) Halal, 73/100, grade B+ under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/OFLX

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%.

1.8% of 30.0% limit

What this means for you

You can own OFLX

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

Purification amount is Pro

We have screened OFLX's prohibited income, but the exact share you would need to purify is part of Pro.

About Omega Flex, Inc.

Omega Flex, Inc. and its affiliated companies operate as an international manufacturer and distributor of flexible metal hosing and related accessories, catering to markets across North America and beyond. Their product portfolio includes versatile gas piping, complete with necessary fittings, engineered for installation in both residential and commercial properties. Additionally, they produce specialized corrugated medical tubing, which finds application in various healthcare environments such as hospitals, outpatient clinics, dental and veterinary practices, and research laboratories. These offerings are marketed under several recognized brand names, including TracPipe, CounterStrike, AutoSnap, AutoFlare, DoubleTrac, DEF-Trac, and MediTrac. Omega Flex serves a broad spectrum of industries, encompassing construction, manufacturing, transportation, petrochemical, and pharmaceutical sectors. The company employs a multi-channel distribution strategy, engaging independent sales representatives, authorized distributors, original equipment manufacturers (OEMs), direct sales teams, and its official website to reach customers. Established in 1975, the company was initially known as Tofle America, Inc. before officially changing its name to Omega Flex, Inc. in 1996. Its corporate headquarters are situated in Exton, Pennsylvania.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Omega Flex, Inc. (OFLX) halal to invest in?
Based on AAOIFI Standard 21 screening, Omega Flex, Inc. (OFLX) is rated Halal with a compliance grade of B+ (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 Omega Flex, Inc. get a B+ compliance rating?
Omega Flex, Inc. (OFLX) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Omega Flex, Inc.'s Shariah verdict?
Omega Flex, 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 Omega Flex, Inc. re-screened for Shariah compliance?
Omega Flex, Inc. (OFLX) 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: Sep 2, 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.