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AAOIFI No. 21 screening

Is ACCV halal?

Accelevation Holdings Corp.

Halal

Accelevation Holdings Corp. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 16 October 2026

Exchange

NASDAQ

Price

13.01

Day

-5.17%

Market cap

$3.04B

Industry

Electrical Equipment & Parts

Sector

Industrials

What the company does

Accelevation Holdings (Ohio, US) designs, manufactures and installs power-distribution and thermal-management equipment for large data centers. Revenue comes from selling and installing this equipment for data-center builders. It IPO'd on Nasdaq in September 2026; private-equity firm Olympus Partners keeps control.

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $688.00M ÷ current market cap $3.04B = 22.6%

    22.6%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $28.35M ÷ current market cap $3.04B = 0.9%

    0.9%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $347K ÷ annual revenue $447.82M (2025) = 0.1%

    0.1%

    Pass

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.

For information (AAOIFI 3/1 note): cash + receivables are 24.4% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.00% · #686 of 1454

Halal stocks in the same industry

The largest halal stocks in Electrical Equipment & Parts — for comparison.

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.