Is ExOne Stock Halal?

Is ExOne Stock Halal?

How much of ExOne’s revenue comes from haram?

ExOne primarily earns its revenue from sales of 3D printing machines, associated materials for 3D printing, such as consumables and replacement parts and services such as training and technical support for purchasers of its 3D printing machines.

Practical Islamic Finance concludes:

None of ExOne’s revenue comes from anything inherently haram.

Does ExOne rely on interest to operate?

For the Trailing Twelve Months as of March 31, 2021 (Numbers in thousands, U.S. Dollars):

Interest Income: $14

Total Revenue: $58,891

Interest Expense: $335

Total Expenses: $75,714

Interest Income / Revenue: 0.02%

Interest Expense / Total Expense: 0.44%

Practical Islamic Finance concludes:

ExOne is not reliant on interest for its operations. 

What is ExOne’s Environmental, Social, and Governance (ESG) impact?


ExOne uses Binder jetting technology, which fabricates metal, ceramic and composite objects out of powdered particles with little waste. 

Binder jetting offers a substantial improvement over traditional manufacturing, which generates enormous volumes of debris that are often toxic and must be cleaned and recycled, or put into landfills.

ExOne’s most popular binder, furan, is made from renewable sources, such as corn husks, rice hulls, sugar cane, and other biomaterials.


ExOne has a slightly below average Glassdoor rating of 3.1 out of 5.0 from 15 current and previous employees compared to a 3.3 average for all other Glassdoor rated companies.

Upon reading the reviews, Practical Islamic Finance did not find the critical reviews to be a concern with regard to investing from a halal perspective.  


No notable governance highlights.

Practical Islamic Finance concludes: 

ExOne has a net positive ESG impact.

Comfort Rating

From ExOne’s business, financial, and ESG reviews, Practical Islamic Finance rates ExOne stock as:

Comfortable to invest in from a Halal perspective.



At ExOne, We’ve Always Been Green 

Glassdoor Reviews

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