Federal Signal Corp

FSS

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
USA
Mid Cap

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

-

Impure Income*

-

Purification*

$0.174

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
BUY
$136.00
7
26.50%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
16.37%
11.31%
1.35
3.02
11.11%

Shariah Compliance

  • Updated on June 4, 2026
Debt
8.34%
✓
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
10.75%
✓
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
9.39%
✓
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
23.62%
✓
Cash
2.66%
✓
Cash & AR
14.99%
✓
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
23.62%
✓
Cash
2.66%
✓
Cash & AR
14.99%
✓
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

Federal Signal Corporation is a global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial, and commercial customers. Its segments include Environmental Solutions Group (Environmental Solutions) and Safety and Security Systems Group (Safety and Security Systems). The Environmental Solutions segment manufactures and supplies a full range of street sweepers, sewer cleaners, industrial vacuum loaders, safe-digging trucks, high-performance water blasting equipment, road-marking and line-removal equipment, dump truck bodies, trailers, metal extraction support equipment, and multipurpose maintenance vehicles. The Safety and Security Systems segment manufactures and supplies systems and products that law enforcement, fire rescue, emergency medical services, campuses, military facilities, and industrial sites use to protect people and property. Its brands include Jetstream, Blasters, Federal Signal VAMA, and Victor, among others.