Tutor Perini Corporation

TPC: Is Tutor Perini Corporation Halal?

Tutor Perini Corporation

NYSEIndustrialsUS

$77.77

+4.05%

Market Cap: 4.1B

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Tutor Perini Corporation (TPC) halal? Halal. Based on AAOIFI screening, Tutor Perini Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (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%.

9.9% of 30.0% limit

What this means for you

You can own TPC

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Tutor Perini Corporation

Tutor Perini Corporation, a long-standing construction firm founded in 1894 and based in Sylmar, California (which operated as Perini Corporation until 2009), offers a comprehensive suite of general contracting, construction management, and design-build solutions to a global clientele of private entities and public sector organizations. The company's operations are segmented into three main areas. The Civil division focuses on significant public works projects, including the construction and rehabilitation of vital infrastructure such as roads, bridges, tunnels, mass transit systems, military facilities, and water treatment plants, alongside specialized drilling, foundation, and excavation services. Its Building division serves various specialized markets, including hospitality, healthcare, commercial offices, government buildings, educational institutions, sports complexes, and biotech facilities. Finally, the Specialty Contractors division provides essential building systems like electrical, mechanical, plumbing, fire protection, and HVAC services for industrial, commercial, hospitality, and mass transit applications. Beyond these specialized functions, Tutor Perini also delivers holistic project management, from initial planning and resource allocation to directly executing core construction tasks such as site preparation, concrete pouring, steel erection, and all electrical and mechanical installations.

Sector: Industrials · Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

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: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Tutor Perini Corporation (TPC) halal to invest in?
Based on AAOIFI Standard 21 screening, Tutor Perini Corporation (TPC) 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 Tutor Perini Corporation get a B+ compliance rating?
Tutor Perini Corporation (TPC) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 9.9% (limit 30%); interest-bearing deposits of 17.9% (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 Tutor Perini Corporation's Shariah verdict?
Tutor Perini 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 Tutor Perini Corporation re-screened for Shariah compliance?
Tutor Perini Corporation (TPC) 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 15, 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.