Strattec Security Corporation

STRT: Is Strattec Security Corporation Halal?

Strattec Security Corporation

NASDAQConsumer CyclicalUS

$77.84

-5.87%

Market Cap: 325.3M

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is Strattec Security Corporation (STRT) halal? Halal. Based on AAOIFI screening, Strattec Security Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 75/100 (Grade: B+).

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%.

3.3% of 30.0% limit

What this means for you

You can own STRT

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

Purify 0.3% of your income from STRT

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Strattec Security Corporation

Established in 1908 and headquartered in Milwaukee, Wisconsin, Strattec Security Corporation specializes in the design, development, manufacturing, and marketing of automotive access control products. Predominantly operating in North America, their solutions are frequently branded under the VAST Automotive Group. Their comprehensive product line includes both mechanical and electronically advanced locks and keys, passive entry and start systems, ignition lock housings for steering columns and instrument panels, various latches, power sliding side door systems, power tailgate and liftgate mechanisms, power deck lid systems, and door handles, among other related components. Beyond manufacturing, Strattec also provides full service and aftermarket support for its products. The company's diverse customer base encompasses original equipment manufacturers (OEMs) for cars and light trucks, other transportation-related manufacturers, as well as wholesale distributors, other marketers, and direct users of component parts. Furthermore, certain products are supplied to non-automotive commercial clients. Internationally, Strattec exports its goods to regions including Europe, South America, Korea, China, and India.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

  1. Halalnow

    since Jul 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

  4. Doubtful

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Strattec Security Corporation (STRT) halal to invest in?
Based on AAOIFI Standard 21 screening, Strattec Security Corporation (STRT) 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 Strattec Security Corporation get a B+ compliance rating?
Strattec Security Corporation (STRT) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.3% (limit 30%); interest-bearing deposits of 24.6% (limit 30%); prohibited income of 0.31% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Strattec Security Corporation's Shariah verdict?
Strattec Security Corporation'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 Strattec Security Corporation re-screened for Shariah compliance?
Strattec Security Corporation (STRT) 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 20, 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.