What is SPX Technologies, Inc.'s Shariah compliance score?

SPX Technologies, Inc. (SPXC) has a Shariah compliance score of 91/100 (Grade: A+, Excellent). 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 SPX Technologies, Inc. pass AAOIFI screening?

SPX Technologies, Inc. (SPXC) 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%. SPXC's debt-to-market-cap is 7.3%.

How much purification is needed for SPX Technologies, Inc.?

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 SPX Technologies, Inc. (SPXC) using the latest financial data.

Where can I screen SPX Technologies, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for SPX Technologies, Inc. (SPXC) 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.

SPXCHalalA+

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Compliance Status

Halal

Screened on Oct 13, 2026 · AAOIFI Standard 21

A+

Excellent

91Score

Is SPX Technologies, Inc. (SPXC) halal? Halal. Based on AAOIFI screening, SPX Technologies, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 91/100 (Grade: A+).

Quote this verdict

HalalScreener rates SPX Technologies, Inc. (SPXC) Halal, 91/100, grade A+ under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/SPXC

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%.

7.3% of 30.0% limit

PRO DETAIL

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 SPXC

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

Purification amount is Pro

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

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SPXC: Is SPX Technologies, Inc. Halal?

SPX Technologies, Inc.

NYSEBasic MaterialsUS

$166.04

Market Cap: 8.3B

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About SPX Technologies, Inc.

SPX Technologies, Inc. provides essential infrastructure equipment globally, with operations spanning the United States, China, the United Kingdom, and various international markets. The company's core business is divided into two primary divisions: heating, ventilation, and cooling (HVAC), and detection and measurement. The HVAC segment is dedicated to the engineering, design, production, installation, and maintenance of a broad range of cooling and air movement solutions, as well as boilers and comfort heating products. This division serves industrial, power generation, residential, and commercial clients, offering products under recognized brands such as Marley, Recold, SGS, Cincinnati Fan, Berko, Qmark, Fahrenheat, Leading Edge, Patterson-Kelley, Weil-McLain, and Williamson-Thermoflo. Within the Detection and Measurement segment, SPX Technologies offers specialized tools for locating underground pipes and cables, advanced inspection and rehabilitation systems, and robotic solutions, featuring brands like Radiodetection, Pearpoint, Schonstedt, Dielectric, Riser Bond, Warren G-V, Cues, ULC Robotics, and Sensors & Software. This segment also delivers public transit fare collection systems, communication technologies, and obstruction lighting for aviation and marine applications, represented by brands such as Genfare, TCI, Flash Technology, Sabik Marine, Sealite, Avlite, and ECS. The company employs a comprehensive distribution strategy, selling its products via independent manufacturing representatives, third-party distributors, and retailers, in addition to direct customer sales. Established in 1912 and headquartered in Charlotte, North Carolina, the company officially rebranded from SPX Corporation to SPX Technologies, Inc. in August 2022.

Sector: Basic Materials · Industry: Construction Materials

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 13, 2026

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Screened according to AAOIFI Standard 21

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is SPX Technologies, Inc. (SPXC) halal to invest in?

Based on AAOIFI Standard 21 screening, SPX Technologies, Inc. (SPXC) is rated Halal with a compliance grade of A+ (Excellent). 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 SPX Technologies, Inc. get a A+ compliance rating?

SPX Technologies, Inc. (SPXC) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change SPX Technologies, Inc.'s Shariah verdict?

SPX Technologies, 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 SPX Technologies, Inc. re-screened for Shariah compliance?

SPX Technologies, Inc. (SPXC) 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: Oct 13, 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.