Is Westinghouse Air Brake Technologies Corporation (WAB) halal? Halal. Based on AAOIFI screening, Westinghouse Air Brake Technologies Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (Grade: A).

Westinghouse Air Brake Technologies Corporation

WAB: Is Westinghouse Air Brake Technologies Corporation Halal?

Halal

Westinghouse Air Brake Technologies Corporation

NYSEIndustrialsUS

$271.86

+0.70%

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
A

Very Good

Strong compliance across all metrics

89Score

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 Cap11.8% / 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 WAB Dividends

Calculate your purification amount for WAB dividends based on AAOIFI standards.

Financial Overview

Market Cap

46.1B

Price

$271.86

Sector

Industrials

Industry

Railroads

Free 路 No credit card required

Track WAB 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.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Westinghouse Air Brake Technologies Corporation (WAB) halal to invest in?
Based on AAOIFI Standard 21 screening, Westinghouse Air Brake Technologies Corporation (WAB) 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 Westinghouse Air Brake Technologies Corporation get a A compliance rating?
Westinghouse Air Brake Technologies Corporation (WAB) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 11.8% (limit 30%); interest-bearing deposits of 1.5% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Westinghouse Air Brake Technologies Corporation's Shariah verdict?
Westinghouse Air Brake Technologies Corporation'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 Westinghouse Air Brake Technologies Corporation re-screened for Shariah compliance?
Westinghouse Air Brake Technologies Corporation (WAB) 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.