Is DOV halal?
Dover Corporation
Halal
Dover Corporation 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
195.8
Day
+0.88%
Market cap
$25.86B
Industry
Specialty Industrial Machinery
Sector
Industrials
What the company does
Dover is an industrial holding: pumps and flow control, engineered products, climate/food refrigeration equipment, fueling equipment, and printing/identification. Its money comes from equipment 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 $3.26B ÷ 36-month average market cap $25.46B = 12.8%
12.8%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.76B ÷ 36-month average market cap $25.46B = 6.9%
6.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $73.03M ÷ annual revenue $8.09B (2025) = 0.9%
0.9%
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: $25.86B.
For information (AAOIFI 3/1 note): cash + receivables are 23.9% 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
- 0.04% weight · #332 of 503
- Among halal stocks
- 0.04% · #247 of 1455
- Held by funds
- SPUS 0.07% · HLAL 0.07%
- Dividend
- 1.08% · purify 0.9% · net 1.07%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $224.28
- Bill NygrenOakmark Funds$2.5M0.0%
Halal stocks in the same industry
The largest halal stocks in Specialty Industrial Machinery — 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.