What is Transcat, Inc.'s Shariah compliance score?

Transcat, Inc. (TRNS) has a Shariah compliance score of 94/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Transcat, Inc. pass AAOIFI screening?

Transcat, Inc. (TRNS) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (TRNS: 3.6%), (3) interest-bearing deposits below 30% (TRNS: 2.0%), and (4) prohibited income below 5% (TRNS: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Transcat, Inc. stock?

Transcat, Inc. (TRNS) has a non-permissible income ratio of 0.31%. Muslim investors should purify this percentage of any dividends received and capital gains realized from TRNS shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Transcat, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Transcat, Inc. (TRNS) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about TRNS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Transcat, Inc. (TRNS) halal? Halal. Based on AAOIFI screening, Transcat, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).

TRNS: Is Transcat, Inc. Halal?

Halal

Transcat, Inc.

NASDAQIndustrialsUS

$91.60

+0.37%

AvoidBorderlineClean

Purify ~0.3% of income

About Transcat, Inc.

Transcat, Inc. offers comprehensive calibration and instrument services for laboratories, serving clients across the United States, Canada, and other international markets. The company operates through two distinct divisions: Service and Distribution. The Service division delivers a wide array of offerings, including precision calibration, equipment repair, thorough inspections, analytical qualification, preventive maintenance, and expert consulting. This segment also features its proprietary software, CalTrak, designed to manage documents and assets while streamlining the operational workflow for its calibration centers and customer equipment. Additionally, its "Compliance, Control and Cost" online portal grants customers web-based asset management capabilities and a secure, off-site repository for calibration and other service records. The Distribution division focuses on the sale and rental of instruments for testing, measurement, and control purposes. It also provides valuable supplementary services such as the calibration and certification of newly purchased equipment, equipment leasing, sales of pre-owned machinery, and customized equipment kitting. This division engages customers through its online platform, various digital and print marketing campaigns, proactive outbound sales efforts, and an incoming call center. Transcat primarily caters to highly regulated sectors, particularly the life sciences—encompassing pharmaceutical, biotechnology, medical device, and other FDA-regulated entities. Furthermore, it extends its services and products to aerospace and defense, industrial manufacturing, energy, utilities, and other industries where process accuracy and confirmed equipment performance are paramount. Established in 1964, Transcat, Inc. maintains its corporate headquarters in Rochester, New York.

Sector: Industrials · Industry: Industrial - Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026

A+

Excellent

Exceptionally strong compliance

94Score

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 Cap3.6% / 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 16, 2026Fiscal: FY 2026Source: FMP

Purify Your TRNS Dividends

0.3% non-compliant income

TRNS has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

855.6M

Price

$91.60

Sector

Industrials

Industry

Industrial - Distribution

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Frequently Asked Questions

Is Transcat, Inc. (TRNS) halal to invest in?

Based on AAOIFI Standard 21 screening, Transcat, Inc. (TRNS) is rated Halal with a compliance grade of A+ (Excellent). 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 Transcat, Inc. get a A+ compliance rating?

Transcat, Inc. (TRNS) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.6% (limit 30%); interest-bearing deposits of 2.0% (limit 30%); prohibited income of 0.31% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Transcat, Inc.'s Shariah verdict?

Transcat, Inc.'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 Transcat, Inc. re-screened for Shariah compliance?

Transcat, Inc. (TRNS) 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 16, 2026.

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.