Hyster-Yale Inc HY
$34.71 $1.78 (5.41%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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HY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Hyster-Yale Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Hyster-Yale Inc. Stock Analysis HY
United States Industrials Small Cap Hyster-Yale, Inc. engages in the manufacture of lift trucks. The company is headquartered in Cleveland, Ohio and currently employs 7,500 full-time employees. The firm provides attachments, parts, fleet management services, technology and energy solutions. The company designs, engineers, manufactures, sells and services a line of lift trucks, attachments, parts, fleet management services, technology and energy solutions. Its segments include Americas, EMEA, JAPIC, and Bolzoni. The Americas segment includes lift truck operations in the United States, Canada, Mexico, Brazil, and Latin America. The EMEA segment includes operations in Europe, the Middle East and Africa. The JAPIC segment includes operations in the Asia and Pacific regions, including China. The Bolzoni segment manufactures precision-engineered lift truck attachments, forks, masts and lift tables designed for handling delicate and specialized loads. Its solutions are marketed under the Bolzoni, Auramo and Meyer brand names. The company also produces components for lift truck manufacturers.
Hyster-Yale Inc (HY) Chart
Financial Metrics & Statements of Hyster-Yale Inc (HY)
FAQ's for Hyster-Yale Inc (HY)
- As of August 2026, Hyster-Yale Inc HY 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.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Hyster-Yale Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Hyster-Yale Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Hyster-Yale Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Hyster-Yale Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- You can check the latest Shariah compliance status of Hyster-Yale Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Hyster-Yale Inc (HY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
