Is American Superconductor Corporation (AMSC) halal? Doubtful. Based on AAOIFI screening, American Superconductor Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 75/100 (Grade: B+).

AMSC: Is American Superconductor Corporation Halal?
DoubtfulAmerican Superconductor Corporation
$36.78
-9.25%
About American Superconductor Corporation
American Superconductor Corporation (AMSC), along with its affiliated entities, delivers robust, large-scale power infrastructure and resiliency solutions across the globe. Its operations are primarily divided into two distinct segments: Grid and Wind. The Grid segment, marketed under the Gridtec Solutions brand, supplies essential products and services designed to empower electric utilities, industrial operations, and renewable energy developers. These offerings facilitate the seamless connection, transmission, and distribution of electrical power, complemented by expert engineering and planning services. Within this segment, AMSC delivers transmission planning to diagnose issues like grid congestion, suboptimal power quality, and other systemic vulnerabilities. It provides critical grid interconnection solutions for large-scale renewable projects like wind and solar farms, alongside comprehensive power quality and transmission & distribution (T&D) cable systems. Key technologies include its D-VAR® systems for precise control of power flow and voltage within AC transmission networks, the actiVAR™ solution for rapid medium-voltage reactive compensation, and the armorVAR™ system, which enhances power quality, corrects power factor, reduces energy losses, and mitigates concerns from converter-based devices. Furthermore, D-VAR® VVO technology optimizes voltage and reactive power on the distribution network. Additionally, the Grid segment extends its expertise to naval applications, supplying advanced ship protection systems that minimize magnetic signatures, along with integrated power delivery, generation, and propulsion systems, as well as specialized transformers and rectifiers. The Wind segment, operating under the Windtec Solutions brand, focuses on designing cutting-edge wind turbine systems and subsequently licensing these innovative designs to external manufacturers. Beyond the core designs, this segment provides crucial power electronics, sophisticated software control systems, bespoke engineered solutions, and ongoing customer support for wind turbine producers. Its comprehensive design portfolio encompasses various drivetrains and power ratings, starting from 2 megawatts. Established in 1987, AMSC maintains its corporate headquarters in Ayer, Massachusetts.
Sector: Industrials · Industry: Industrial - Machinery
Why This Stock Is Doubtful
- Non-compliant income is 4.4% of revenue, only 0.6 points below the 5% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Good
Good compliance with minor concerns
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Doubtfulnow
since Jun 2026
Halal
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Purify Your AMSC Dividends
4.4% non-compliant incomeAMSC has 4.4% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
1.8B
Price
$36.78
Sector
Industrials
Industry
Industrial - Machinery
More Industrials Stocks
Track AMSC and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is American Superconductor Corporation (AMSC) halal to invest in?
Why did American Superconductor Corporation get a B+ compliance rating?
What could change American Superconductor Corporation's Shariah verdict?
How often is American Superconductor Corporation re-screened for Shariah compliance?
Screened according to AAOIFI Standard No. 21 · 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.