Smith & Wesson Brands, Inc.

SWBI: Is Smith & Wesson Brands, Inc. Halal?

Smith & Wesson Brands, Inc.

NASDAQIndustrialsUS

$15.60

+0.55%

Market Cap: 697.5M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Smith & Wesson Brands, Inc. (SWBI) halal? Not Halal. Based on AAOIFI screening, Smith & Wesson Brands, Inc. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Business activity

Involved in prohibited business activities.

Failed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

7.6% of 30.0% limit

What this means for you

Most scholars advise not holding SWBI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Smith & Wesson Brands, Inc.

Smith & Wesson Brands, Inc. (SWBI) is a leading global enterprise engaged in the design, production, and worldwide sale of firearms. Their extensive product range features various handguns, including revolvers and semi-automatic pistols, along with long guns such as contemporary sporting rifles and bolt-action models. The company also offers related accessories like restraints (handcuffs) and sound suppressors, primarily under its well-known Smith & Wesson, M&P, and Gemtech labels. Beyond its core firearm manufacturing, SWBI provides a suite of specialized industrial services to other businesses. These capabilities encompass precision processes like forging, heat treating, rapid prototyping, tool fabrication, various finishing techniques, electroplating, advanced machining, and custom plastic injection molding. These services are delivered under the Smith & Wesson and Smith & Wesson Precision Components brand names. The company also distributes components procured from third-party suppliers. SWBI caters to a broad spectrum of consumers and organizations. Its clientele includes avid firearm enthusiasts, collectors, hunters, sportspersons, and competitive marksmen, as well as individuals seeking personal and home defense solutions. Professional entities such as law enforcement agencies, security firms, and military bodies also form a significant portion of its customer base. The company employs a multi-faceted strategy for product distribution and promotion. This involves sales through independent dealers, a network of retail outlets, and direct-to-consumer channels. Marketing outreach includes comprehensive campaigns across print, broadcast, and digital media, active engagement on social and electronic platforms, and strategic in-store merchandising initiatives. With a rich heritage dating back to its establishment in 1852, Smith & Wesson Brands, Inc. maintains its corporate headquarters in Springfield, Massachusetts.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited activity detected: firearms

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2026Data source: EDGAR
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Frequently Asked Questions

Is Smith & Wesson Brands, Inc. (SWBI) halal to invest in?
Smith & Wesson Brands, Inc. (SWBI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Smith & Wesson Brands, Inc. get a F compliance rating?
Smith & Wesson Brands, Inc. (SWBI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.6% (limit 30%); interest-bearing deposits of 3.6% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Smith & Wesson Brands, Inc.'s Shariah verdict?
Smith & Wesson Brands, 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 Smith & Wesson Brands, Inc. re-screened for Shariah compliance?
Smith & Wesson Brands, Inc. (SWBI) 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 18, 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.