Is HUBB halal?
Hubbell Inc
Halal
Hubbell 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
NYSE
Price
461.1
Day
-0.78%
Market cap
$24.96B
Industry
Electrical Equipment & Parts
Sector
Industrials
What the company does
Hubbell makes electrical products: power-grid components (insulators, transformer connectors, meters — the Utility unit) and electrical products for buildings (wiring devices, lighting). Its money comes from product 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 $5.56B ÷ 36-month average market cap $22.28B = 24.9%
24.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $394.70M ÷ 36-month average market cap $22.28B = 1.8%
1.8%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $24.96B.
For information (AAOIFI 3/1 note): cash + receivables are 13.1% 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 · #349 of 503
- Among halal stocks
- 0.04% · #253 of 1454
- Held by funds
- SPUS 0.06% · HLAL 0.06%
- Dividend
- 1.17% · no purification data
Halal stocks in the same industry
The largest halal stocks in Electrical Equipment & Parts — 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.