Is AIT halal?
Applied Industrial Technologies
Halal
Applied Industrial Technologies 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
NYSE
Price
330.48
Day
-1.00%
Market cap
$12.28B
Industry
Industrial Distribution
Sector
Industrials
What the company does
Applied Industrial Technologies distributes industrial components — bearings, power transmission, hydraulics and automation — to plants for maintenance. Its money comes from component 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 $262.30M ÷ 36-month average market cap $8.97B = 2.9%
2.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $127.13M ÷ 36-month average market cap $8.97B = 1.4%
1.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $9.45M ÷ annual revenue $4.97B (2026) = 0.2%
0.2%
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. Today's market cap: $12.28B.
For information (AAOIFI 3/1 note): cash + receivables are 31.8% 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
- 0.02% · #375 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.58% · purify 0.2% · net 0.58%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $338.15
- Henry EllenbogenDurable Capital Partners$54.8M0.5%
Halal stocks in the same industry
The largest halal stocks in Industrial Distribution — for comparison.
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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.