Is Hiab Oyj halal to invest in?

As of October 2026, Hiab Oyj HIAB.HE is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Hiab Oyj a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Hiab Oyj using these criteria to determine its compliance status.

Can Muslims buy shares of Hiab Oyj?

Muslim investors may consider investing in Hiab Oyj if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Hiab Oyj classified as NOT HALAL?

Musaffa determines the Shariah status of Hiab Oyj by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Hiab Oyj updated?

The Shariah compliance status of Hiab Oyj may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hiab Oyj become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Hiab Oyj?

You can check the latest Shariah compliance status of Hiab Oyj on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Hiab Oyj Stock Halal?

Shariah Compliance Analysis of HIAB.HE Stock

Finland Industrials Mid Cap

No. As of October 2026, Hiab Oyj (HIAB.HE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hiab Oyj does not pass Musaffa's business and financial screening criteria.

Hiab Oyj engages in providing road load handling solutions. The company is headquartered in Helsinki, Etela-Suomen and currently employs 3,906 full-time employees. The company went IPO on 2005-06-01. The firm's business activities divided into two operation segments: Equipment and Services. The Equipment reporting segment comprises of new equipment: loader cranes, forestry and recycling cranes, truck mounted forklifts, demountables and tail lifts. The Services reporting segment comprises of spare parts, maintenance, accessories, installations, digital services and refurbished equipment. Hiab's equipment includes HIAB, EFFER and ARGOS loader cranes, MOFFETT and PRINCETON truck mounted forklifts, LOGLIFT forestry cranes, JONSERED recycling cranes, MULTILIFT skiploaders and hooklifts, GALFAB roll-off cable hoists, and tail lifts under the ZEPRO, DEL and WALTCO brands.

Hiab Oyj HIAB.HE

Last Updated: Oct 08, 12:00 AM·OMX

HIAB.HE Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Hiab Oyj is classified as not halal.

NOT HALAL