Is Snap-on Incorporated (SNA) halal? Halal. Based on AAOIFI screening, Snap-on Incorporated passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Snap-on Incorporated

SNA: Is Snap-on Incorporated Halal?

Halal

Snap-on Incorporated

NYSEIndustrialsUS

$378.45

-2.27%

Purify ~1.2% of income

About Snap-on Incorporated

Snap-on Incorporated, a global provider based in Kenosha, Wisconsin, specializes in the production and distribution of an extensive range of tools, equipment, diagnostic systems, and repair information solutions for professional users worldwide. The company operates through its Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. Its comprehensive product portfolio includes a diverse selection of hand tools like wrenches, sockets, pliers, screwdrivers, cutting and pruning tools, and torque measuring instruments. Snap-on also supplies various power tools (cordless, pneumatic, hydraulic, and corded) and robust tool storage solutions such as chests and roll cabinets. Beyond physical tools, the firm delivers advanced diagnostic offerings, spanning handheld and computer-based products, specialized software, service and repair information, electronic parts catalogs, business management systems, point-of-sale systems, and integrated solutions for vehicle service shops. Additionally, it provides services for OEM purchasing facilitation and warranty management systems with analytics. The company's specialized equipment for vehicle and industrial machinery service includes wheel alignment systems, balancers, tire changers, vehicle lifts, test lane apparatus, collision repair tools, AC service units, brake service equipment, fluid exchange systems, transmission troubleshooting gear, safety testing devices, battery chargers, and hoists, all backed by after-sales support and training programs. To facilitate product sales and support its franchise business, Snap-on also offers financing programs. Its diverse clientele extends across aviation, aerospace, agriculture, construction, government, military, mining, natural resources, power generation, and technical education industries, alongside vehicle dealerships and repair centers. Snap-on Incorporated was founded in 1920.

Sector: Industrials 路 Industry: Manufacturing - Tools & Accessories

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
A

Very Good

Strong compliance across all metrics

82Score

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 Cap6.1% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

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

Purify Your SNA Dividends

1.2% non-compliant income

SNA has 1.2% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

19.6B

Price

$378.45

Sector

Industrials

Industry

Manufacturing - Tools & Accessories

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Frequently Asked Questions

Is Snap-on Incorporated (SNA) halal to invest in?
Based on AAOIFI Standard 21 screening, Snap-on Incorporated (SNA) is rated Halal with a compliance grade of A (Very 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 Snap-on Incorporated get a A compliance rating?
Snap-on Incorporated (SNA) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.1% (limit 30%); interest-bearing deposits of 8.2% (limit 30%); prohibited income of 1.23% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Snap-on Incorporated's Shariah verdict?
Snap-on Incorporated'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 Snap-on Incorporated re-screened for Shariah compliance?
Snap-on Incorporated (SNA) 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.