Target Hospitality Corp.

TH: Is Target Hospitality Corp. Halal?

Target Hospitality Corp.

NASDAQIndustrialsUS

$16.36

-3.02%

Market Cap: 1.6B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

B+

Good

73Score

Is Target Hospitality Corp. (TH) halal? Halal. Based on AAOIFI screening, Target Hospitality Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 73/100 (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%.

11.1% of 30.0% limit

What this means for you

You can own TH

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

Purify 3.4% of your income from TH

That is about $3.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Target Hospitality Corp.

Target Hospitality Corp. operates as a prominent provider of specialized temporary accommodations and comprehensive hospitality services throughout North America. The company oversees a significant network of lodging facilities, encompassing roughly 15,528 beds distributed across 27 communities. Of these, 26 are directly owned by the company, one is leased, and an additional community is managed by them without direct ownership or lease. Its business activities are structured into four primary divisions: Hospitality & Facilities Services - South, Hospitality & Facilities Services - Midwest, Government, and TCPL Keystone. Beyond offering lodging, Target Hospitality delivers a wide array of support amenities, such as food and catering, property maintenance, cleaning, grounds upkeep, security personnel, health and recreational programs, community management for workforces, concierge services, and laundry facilities. The company's clientele primarily includes the U.S. government and its contractors, as well as high-grade natural resource development enterprises and energy infrastructure corporations. Established in 1978, Target Hospitality Corp. has its principal executive offices located in The Woodlands, Texas.

Sector: Industrials · Industry: Specialty Business Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
Free · No credit card required

Track TH and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Target Hospitality Corp. (TH) halal to invest in?
Based on AAOIFI Standard 21 screening, Target Hospitality Corp. (TH) 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 Target Hospitality Corp. get a B+ compliance rating?
Target Hospitality Corp. (TH) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.1% (limit 30%); interest-bearing deposits of 0.5% (limit 30%); prohibited income of 3.45% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Target Hospitality Corp.'s Shariah verdict?
Target Hospitality Corp.'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 Target Hospitality Corp. re-screened for Shariah compliance?
Target Hospitality Corp. (TH) 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 19, 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.