Msa Safety Inc

MSA

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
USA
Mid Cap

Msa Safety Inc is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

$0.386

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Mid Cap
HOLD
6.16%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
21.44%
14.88%
1.82
3.01
14.99%

Shariah Compliance

Debt
8.24%
✓
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
8.91%
✓
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
9.06%
✓
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
23.05%
✓
Cash
7.69%
✓
Cash & AR
21.46%
✓
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
23.05%
✓
Cash
7.69%
✓
Cash & AR
21.46%
✓
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

MSA Safety Incorporated provides advanced safety technology products and solutions. The Company’s product line is used to protect workers and facility infrastructures. Its product categories detection, fire service, and industrial personal protective equipment (PPE). Its Detection products include fixed gas and flame detection (FGFD) systems and portable gas detection instruments; fire service includes self-contained breathing apparatus (SCBA), protective apparel and helmets; and industrial PPE includes industrial head protection and fall protection devices. Its segments include Americas, International and Corporate. The Company serves its markets across the Americas with manufacturing facilities in the United States, Mexico and Brazil. The International segment includes companies in Europe, the Middle East and Africa, and the Asia Pacific region. The Company also owns Autronica, a designer, manufacturer and supplier of fire detection, gas detection and alarm systems.