Is Parker-Hannifin Corporation (PH) halal? Doubtful. Based on AAOIFI screening, Parker-Hannifin Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 63/100 (Grade: B).
PH β Is Parker-Hannifin Corporation Halal?
DoubtfulParker-Hannifin Corporation
$957.00
+1.30%
Why This Stock Is Doubtful
- Prohibited income is 4.3% of revenue β close to 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
Based on AAOIFI screening standards
Acceptable
Acceptable but room for improvement
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
Purify Your PH Dividends
4.3% non-compliant incomePH has 4.3% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
120.8B
Price
$957.00
Sector
Industrials
Industry
Specialty Industrial Machinery
More Industrials Stocks
Track PH 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.
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.