IDEX Corp

IEX

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
USA
Large Cap

IDEX Corp is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

$0.267

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
BUY
$239.16
16
8.92%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
20.96%
13.96%
2.02
2.86
6.88%

Shariah Compliance

  • Updated on July 21, 2026
Debt
11.39%
✓
Non-Compliant Assets
✓
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
12.32%
✓
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
12.83%
✓
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
27.06%
✓
Cash
8.47%
✓
Cash & AR
16.34%
✓
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
27.06%
✓
Cash
8.47%
✓
Cash & AR
16.34%
✓
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

IDEX Corporation is a global applied solutions provider. The Company specializes in the manufacturing of health and science technologies, fluid and metering technologies, and fire, safety, and other diversified products. Its segments include Health & Science Technologies (HST), Fluid & Metering Technologies (FMT), and Fire & Safety/Diversified Products (FSDP). The HST segment designs, produces, and distributes a range of precision fluidics, positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions. The FMT segment designs, produces, and distributes displacement pumps, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems and provides flow monitoring and other services. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags and other components.