
Is Advanced Energy Industries (AEIS) stock Halal?
As of the September 2026 screening, Advanced Energy Industries, Inc. (AEIS) meets every AAOIFI Shariah Standard No. 21 requirement: non-permissible income, interest-bearing investments and interest-bearing debt all sit within the thresholds, and there is no impermissible preference share structure. The dividend purification factor is 98.59%. The stock is re-screened every month.
Advanced Energy Industries is a leader in the design and manufacture of precision power conversion, measurement, and control solutions for critical applications. The primary function of Advanced Energy Industries is to supply advanced power systems to a variety of industries, including semiconductor equipment, industrial manufacturing, data center computing, and telecommunications. Its products are essential for processes that require high precision and reliability, such as thin-film technology and industrial coating applications. For Muslim investors, though, the most pressing question is simpler: is Advanced Energy Industries a Halal investment?
Is Advanced Energy Industries Shariah compliant?
For industrial companies like Advanced Energy Industries, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Advanced Energy Industries pass the business activity test?
Yes. In the September 2026 screening Advanced Energy Industries holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Advanced Energy Industries' income Halal?
Yes, within AAOIFI's tolerance. Advanced Energy Industries' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.59% tells holders of AEIS what share of each dividend to keep and what remainder to donate to charity.
Does Advanced Energy Industries meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has AEIS re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



