Is Albany International Corp. (AIN) halal? Halal. Based on AAOIFI screening, Albany International Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

Albany International Corp.

AIN: Is Albany International Corp. Halal?

Halal

Albany International Corp.

NYSEConsumer CyclicalUS

$67.63

-2.72%

Purify ~0.6% of income

About Albany International Corp.

Albany International Corp., along with its various subsidiaries, specializes in the realm of textile and advanced materials processing. The company's operations are distinctly divided into two primary segments: Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC division is responsible for the design, production, and distribution of specialized paper machine clothing, essential for the manufacturing of diverse paper products such as papers, paperboards, tissues, and towels. Beyond this, MC provides a range of technical textiles including forming, pressing, and drying fabrics, alongside process belts. These are crucial components in the production of nonwovens, fiber cement, and a variety of other industrial applications, in addition to offering other engineered fabrics. Conversely, the AEC segment focuses on developing and manufacturing cutting-edge 3D-woven and injected composite components. These advanced materials are specifically utilized in aircraft engines, as well as for airframe and engine parts across both military and commercial aviation platforms. Its global footprint extends across the United States, Switzerland, Brazil, China, France, Mexico, and numerous other international markets. Established in 1895, Albany International Corp. maintains its corporate headquarters in Rochester, New Hampshire.

Sector: Consumer Cyclical 路 Industry: Apparel - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
B+

Good

Good compliance with minor concerns

74Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap22.4% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your AIN Dividends

0.6% non-compliant income

AIN has 0.6% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

1.9B

Price

$67.63

Sector

Consumer Cyclical

Industry

Apparel - Manufacturers

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Frequently Asked Questions

Is Albany International Corp. (AIN) halal to invest in?
Based on AAOIFI Standard 21 screening, Albany International Corp. (AIN) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Albany International Corp. get a B+ compliance rating?
Albany International Corp. (AIN) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.4% (limit 30%); interest-bearing deposits of 5.5% (limit 30%); prohibited income of 0.56% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Albany International Corp.'s Shariah verdict?
Albany International Corp.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Albany International Corp. re-screened for Shariah compliance?
Albany International Corp. (AIN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.