Is AEIS halal?
Advanced Energy Industries, Inc
Halal
Advanced Energy Industries, Inc passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
238.05
Day
-5.57%
Market cap
$10.68B
Industry
Electrical Equipment & Parts
Sector
Industrials
What the company does
Advanced Energy makes precision power supplies: plasma power systems for chip-making equipment (the largest unit) and power units for data-center servers and industry. Its money comes from power-device sales.
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 $568.20M ÷ 36-month average market cap $5.55B = 10.3%
10.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $699.50M ÷ 36-month average market cap $5.55B = 12.6%
12.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $26.60M ÷ annual revenue $1.80B (2025) = 1.5%
1.5%
Pass
Figures from the company's filings (2026-03-31), 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. Today's market cap: $10.68B.
For information (AAOIFI 3/1 note): cash + receivables are 41.5% of total assets (2026-03-31). 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
- 0.02% · #412 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.14% · purify 1.5% · net 0.14%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $372.87
- First Eagle Investment Management$68.3M0.1%
- Lee AinslieMaverick Capital$596K0.0%
- Polen Capital Management$560K0.0%
Halal stocks in the same industry
The largest halal stocks in Electrical Equipment & Parts — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
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.