What is Smith-Midland Corporation's Shariah compliance score?

Smith-Midland Corporation (SMID) has a Shariah compliance score of 87/100 (Grade: A, Very Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Smith-Midland Corporation pass AAOIFI screening?

Smith-Midland Corporation (SMID) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. SMID's debt-to-market-cap is 3.8%.

How much purification is needed for Smith-Midland Corporation?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Smith-Midland Corporation (SMID) using the latest financial data.

Where can I screen Smith-Midland Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Smith-Midland Corporation (SMID) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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Is Smith-Midland (SMID) Stock Halal?

Compliance Status

Halal

Screened on Nov 12, 2026 · AAOIFI Standard 21

Very Good

87Score

Is Smith-Midland Corporation (SMID) halal? Halal. Based on AAOIFI screening, Smith-Midland Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 87/100 (Grade: A).

Quote this verdict

HalalScreener rates Smith-Midland Corporation (SMID) Halal, 87/100, grade A under AAOIFI Standard 21, screened Nov 12, 2026. Source: https://halalscreener.app/en/stock/SMID

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%.

3.8% of 30.0% limit

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The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You can own SMID

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

Purification amount is Pro

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

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SMID

Smith-Midland Corporation

NASDAQBasic MaterialsUS

$21.02

Market Cap: 111.5M

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About Smith-Midland Corporation

Smith-Midland Corporation, operating through its subsidiaries, specializes in the comprehensive provision of precast concrete solutions. This involves the invention, development, manufacturing, marketing, leasing, licensing, selling, and installation of these products, primarily serving the construction, highway, utilities, and agricultural industries. Among its key offerings is SlenderWall, a patented, lightweight, and energy-efficient concrete-and-steel exterior wall panel designed for building construction. The company also manufactures Sierra Wall, which serves as a sound and sight barrier along highways, as well as for residential, industrial, and commercial areas. J-J Hooks are another product, acting as highway safety barriers crucial for separating traffic lanes in construction zones or for general traffic control on roadways. Additionally, SMC provides Easi-Set precast buildings and Easi-Span expandable precast buildings, ideal for housing communication equipment, traffic control systems, and mechanical or electrical stations. Easi-Set utility vaults are available for containing equipment like cable, telephone, or traffic signals, and for underground storage; custom versions can also be provided to meet specific requirements. Other specialized products include SoftSound panels for highway noise absorption, Beach Prisms erosion control modules used in seawalls and jetties, and H2Out secondary drainage systems for exterior cladding. SMC further extends its reach by licensing its proprietary technologies across several international markets, including Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad. Its products are distributed through both an in-house sales team and independent representatives. The clientele primarily consists of contractors engaged in public and private construction projects—encompassing commercial buildings, roads, airports, and municipal utilities—as well as federal, state, and local transportation authorities. Established in 1960, Smith-Midland Corporation maintains its headquarters in Midland, Virginia.

Sector: Basic Materials · Industry: Construction Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 12, 2026

AI Compliance InsightProSee plans

Revenue BreakdownProSee plans

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.

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Smith-Midland Corporation (SMID) halal to invest in?

Based on AAOIFI Standard 21 screening, Smith-Midland Corporation (SMID) 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 Smith-Midland Corporation get a A compliance rating?

Smith-Midland Corporation (SMID) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.8% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Smith-Midland Corporation's Shariah verdict?

Smith-Midland Corporation's verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Smith-Midland Corporation re-screened for Shariah compliance?

Smith-Midland Corporation (SMID) is screened from the latest financial statements on record, currently those for fiscal Q2 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 12, 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.