Is WAB halal?
Westinghouse Air Brake Technolo
Halal
Westinghouse Air Brake Technolo passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NYSE
Price
286.82
Day
-0.33%
Market cap
$48.18B
Industry
Railroads
Sector
Industrials
What the company does
Wabtec makes rail equipment: locomotives (acquired from GE), braking systems, railcar components and train-control software. Customers are railroads; its money comes from equipment and services.
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 $6.57B ÷ 36-month average market cap $33.30B = 19.7%
19.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $670.00M ÷ 36-month average market cap $33.30B = 2.0%
2.0%
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: $48.18B.
For information (AAOIFI 3/1 note): cash + receivables are 12.3% 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
- 0.07% weight · #231 of 503
- Among halal stocks
- 0.07% · #170 of 1454
- Held by funds
- SPUS 0.12% · HLAL 0.12%
- Dividend
- 0.39% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $269.60
- Muhlenkamp$17.0M4.9%
- First Pacific Advisors$51.0M0.6%
- Mairs & Power Funds$1.4M0.0%
Exited this quarter: Richard Pzena
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Railroads — 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.