TEXNot HalalF
Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 16, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Terex Corporation (TEX) halal? Not Halal. Based on AAOIFI screening, Terex Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Terex Corporation (TEX) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/TEX

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

44.7% 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.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding TEX

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Terex Corporation

TEX: Is Terex Corporation Halal?

Terex Corporation

NYSEIndustrialsUS

$50.99

Market Cap: 5.8B

Get an email if TEX's halal status changes

We re-screen Terex Corporation daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Terex Corporation

Operating globally, Terex Corporation specializes in the production and distribution of aerial work platforms and a diverse range of materials processing equipment. Its operations are structured into two primary divisions: Aerial Work Platforms (AWP) and Materials Processing (MP). The AWP segment is responsible for the design, manufacturing, servicing, and marketing of access equipment, utility machinery, and telehandlers, primarily under the well-known Terex and Genie brands. This range encompasses items such as portable material and aerial lifts, articulating and telescopic booms (both trailer-mounted and self-propelled), scissor lifts, utility vehicles, and telehandlers. Additionally, it supplies essential components and spare parts. These products serve a broad spectrum of uses, including construction and upkeep of industrial, commercial, institutional, and residential structures, maintaining utility and telecommunication infrastructure, supporting construction and foundation drilling, general commercial activities, tree maintenance, and various infrastructure developments. The MP segment offers an extensive portfolio of materials processing and specialized machinery, distributed under numerous brands and business lines, including Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, ProStack, Terex Bid-Well, MDS, and Terex Recycling Systems. Its offerings include crushers, screening and washing systems, trommels, apron feeders, material handlers, a variety of cranes (pick and carry, rough terrain, tower), equipment for wood processing, biomass, and recycling, concrete mixer trucks, concrete pavers, and conveyors, along with necessary components and spare parts. These machines are crucial for diverse applications such as construction, infrastructure development, and recycling initiatives, as well as quarrying, mining, and general material handling. They also play a vital role in maintenance for lifting equipment or materials, landscaping, and the biomass production sectors. To support its clientele, Terex Corporation provides financing options facilitating the rental, leasing, and purchase of its equipment. Established in 1986, Terex Corporation maintains its headquarters in Norwalk, Connecticut.

Sector: Industrials · Industry: Industrial - Machinery

Why this does not pass

  • Interest-bearing debt is 44.7% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 16, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why TEX is rated Not Halal with institutional-grade analysis

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.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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: Q2 2026Data source: EDGAR
Free · No credit card required

Know the day TEX's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Terex Corporation (TEX) halal to invest in?
Terex Corporation (TEX) 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 Terex Corporation get a F compliance rating?
Terex Corporation (TEX) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 44.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Terex Corporation's Shariah verdict?
Terex 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 Terex Corporation re-screened for Shariah compliance?
Terex Corporation (TEX) 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 16, 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.