ZWS

What You Should Know

Zurn Elkay Water Solutions Corporation designs and manufactures water-safety, water-quality, flow-control, and water-management products — including backflow preventers, drainage systems, faucets, flush valves, and drinking-water dispensers and filtration under the Elkay brand. Making products that deliver clean, safe drinking water and manage water flow is a clearly permissible activity that benefits public health, so the business-activity screen passes cleanly. Zurn Elkay runs a relatively conservative balance sheet and has prioritized debt paydown since the 2022 merger, so the total-debt-to-market-cap ratio is generally within the 33% threshold; still, confirm the debt and receivables ratios against the latest filings. Interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified. On that basis ZWS is generally screened as halal, with routine purification of minor interest income.