KAI
Kadant Inc.
Is KAI Halal?
Industrial-processing, flow-control and material-handling equipment — generally permissible activity whose known current asset-based ratios pass, with activity classification incomplete.
What You Should Know
Kadant's April 4, 2026 Form 10-Q reports assets of $1,714.652 million, long-term obligations of $363.361 million, cash of $117.025 million, receivables of $172.376 million and quarterly revenue of $281.505 million. Debt/assets is 21.19%, liquidity/assets is 6.83%, receivables plus cash/assets is 16.88% and disclosed investment-income interest is 0.12% of revenue. No universal prohibited-revenue numerator is disclosed.
⚠️ Concerns
- •Known asset-based ratios pass, but no universal prohibited-revenue numerator is disclosed
- •Kadant's $363.361 million of long-term obligations includes a revolving-credit balance, notes, finance leases and other borrowings
- •Paper, packaging, tissue and forest-products end markets require qualitative review
- •Disclosed investment-income interest is 0.12% of quarterly revenue; no fixed purification percentage asserted
- •Industrial-capital-spending and acquisition cycles can change the screen
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-04-04; calculated 2026-07-15.
363.361 / 1,714.652
117.025 / 1,714.652
289.401 / 1,714.652
0.351 / 281.505
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 21.19%, liquidity/assets is 6.83%, receivables-plus-cash/assets is 16.88% and disclosed interest income is 0.12%; known financial ratios pass, but the activity numerator is incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known debt, liquidity and receivables-plus-cash ratios are below the examined MSCI limits; the business-activity numerator remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known debt and liquidity ratios pass the examined Malaysia limits; this is not an official classification and prohibited activity is not separately quantified.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series is not stored; the total-assets ratios are shown separately.
Business-activity disclosure
Kadant manufactures industrial-processing, flow-control and material-handling equipment and recurring parts and consumables. The core activity is generally permissible, but the filing does not provide a universal prohibited-revenue numerator for all end markets and product uses.
Limitation: No universal prohibited-activity revenue numerator or scholar-specific purification percentage is disclosed; the screen does not invent one.
Purification
Kadant discloses $0.351 million of investment-income interest, but no scholar-specific purification percentage is asserted and the business-activity numerator remains incomplete.
Inputs, assumptions and primary sources
- Amounts are USD millions from Kadant's April 4, 2026 Form 10-Q.
- Long-term obligations are $363.361 million, comprising a $355.411 million revolving-credit balance, $4.990 million of senior notes, $2.105 million of finance leases and $0.855 million of other borrowings.
- Cash and cash equivalents are $117.025 million; no separately identified interest-bearing security balance is included.
- Accounts receivable is $172.376 million and first-quarter revenue is $281.505 million.
- Kadant reports $0.351 million of investment-income interest for the quarter. No universal prohibited-revenue numerator is disclosed.
- Kadant's industrial-processing, flow-control and material-handling equipment is generally permissible, while paper, packaging, forest-products and other end markets remain qualitative context.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →