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Shariah compliance overview

Not Halal

Myers Industries, Inc. (MYE) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Myers Industries, Inc.

Myers Industries, Inc., an Akron, Ohio-based company established in 1933, operates through two principal business divisions: Material Handling and Distribution. The Material Handling segment specializes in manufacturing a diverse range of plastic products.

Myers Industries, Inc. (MYE) operates in the Consumer Cyclical sector, in the Packaging & Containers industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.04%Limit 5%Pass
Interest-bearing debt
48.42%Limit 30%Fail
Interest-bearing securities and assets
6.31%Limit 30%Pass
Dividend purification
0.04%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Myers Industries, Inc. (MYE). Current Akinda screening label: Not Halal.