Is PSIX (Power Solutions International, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, PSIX is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (9.16% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (2.69% vs ≤33% threshold).

Power Solutions International, Inc. (PSIX) designs, engineers, and manufactures advanced alternative-fueled engines and power systems. The company supplies critical components to original equipment manufacturers across the globe, focusing on off-highway industrial equipment, on-road vehicles, and custom-engineered integrated electrical power generation systems. For Muslim investors using HalalStocks.co.uk, PSIX is currently classified as a Halal investment, having passed all four AAOIFI screening criteria. The company's core operations in industrial machinery are fully permissible, and it successfully meets all required financial thresholds without engaging in prohibited financial practices. From an Islamic finance perspective, PSIX demonstrates excellent financial health, highlighted by a conservative debt-to-market cap ratio of just 9.2%. Additionally, the company is not reliant on interest-bearing investments, boasting a 0.00% interest income-to-revenue ratio and a minimal cash and securities-to-market cap ratio of 2.7%. Since there is no significant scholarly debate regarding the manufacturing of industrial power systems, investors can feel confident in its core compliance. However, shareholders should continue to monitor the company's balance sheet quarterly to ensure debt levels remain well below the 33% threshold as the business scales its international operations. Power Solutions International, Inc. operates in the Industrials sector under the Industrial - Machinery industry and is headquartered in Wood Dale, IL, US. The company is led by CEO Constantine Xykis and employs approximately 700 people.

PSIX was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. PSIX passed 4 of these 4 screens.

PSIX has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

PSIX was last screened on 2026-04-27. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.