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Is Kendrion NV Stock Halal?
Shariah Compliance Analysis of KENDRA.TU Stock
No. As of September 2026, Kendrion NV (KENDRA.TU) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Kendrion NV does not pass Musaffa's business and financial screening criteria.
Kendrion NV engages in the development, manufacture, and marketing of electromagnetic components for industrial and automotive applications. The company is headquartered in Amsterdam, Noord-Holland and currently employs 1,269 full-time employees. The company also develops mechatronic systems and components, as well as advanced electromagnetic systems. The firm operates in one division divided into two business units. The Division Industrial comprises both business units: Industrial Actuators and Controls, Industrial Brakes. The Industrial Actuators and Controls (IAC) unit is responsible for products such as induction heating systems for industrial processes, industrial locks for baking ovens, laboratory equipment and parcel lockers, safety valves for nuclear power plants, and solenoids for high voltage circuit breakers. The Industrial Brakes (IB) unit covers permanent magnet brakes and spring-applied brakes. Kendrion NV owns subsidiaries in Germany, China, India, Sweden and the United States, among others.
Kendrion NV KENDRA.TU
KENDRA.TU Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Kendrion NV is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Kendrion NV (KENDRA.TU) Chart
Financial Metrics & Statements of Kendrion NV (KENDRA.TU)
FAQ's for Kendrion NV (KENDRA.TU)
- As of September 2026, Kendrion NV KENDRA.TU 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 Kendrion NV using these criteria to determine its compliance status.
- Muslim investors may consider investing in Kendrion NV 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 Kendrion NV 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 Kendrion NV 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 Kendrion NV 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 Kendrion NV (KENDRA.TU)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
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