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Is Parker-Hannifin Corp Stock Halal?
Shariah Compliance Analysis of PH Stock
United States Industrials Large Cap Yes. As of October 2026, Parker-Hannifin Corp (PH) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parker-Hannifin Corp passes Musaffa's business and financial screening criteria.
Parker-Hannifin Corp. engages in the manufacture of motion and control technologies and systems. The company is headquartered in Cleveland, Ohio and currently employs 57,950 full-time employees. The firm designs, manufactures, and provides aftermarket support for highly engineered solutions. Its segments include Diversified Industrial and Aerospace Systems. Diversified Industrial Segment, which is an aggregation of several business units, sells highly engineered differentiated products to both original equipment manufacturers (OEMs) and distributors who serve the aftermarket replacement markets. This segment serves various markets, including aerospace & defense, off-highway, in-plant & industrial equipment, energy, transportation and HVAC & refrigeration. Aerospace Systems Segment sells highly engineered, differentiated airframe and engine components and systems to OEMs and aftermarket parts and maintenance directly to end users primarily in the commercial aerospace and defense market verticals. Its products include fuel systems & components, avionics, flight control systems, and others.
PH Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Parker-Hannifin Corp is classified as halal.
HALALParker-Hannifin Corp (PH) Chart
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Financial Metrics & Statements of Parker-Hannifin Corp (PH)
FAQ's for Parker-Hannifin Corp (PH)
- As of October 2026, Parker-Hannifin Corp PH is classified as 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 Parker-Hannifin Corp using these criteria to determine its compliance status.
- Muslim investors may consider investing in Parker-Hannifin Corp 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 Parker-Hannifin Corp 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 Parker-Hannifin Corp 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 Parker-Hannifin Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Parker-Hannifin Corp (PH)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
