
Is Albany International (AIN) stock Halal?
As of the September 2026 screening, Albany International Corp. (AIN) 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 99.79%. The stock is re-screened every month.
Albany International is a globally recognized leader in advanced textiles and materials manufacturing. Primarily known for serving the paper and pulp industry, Albany International specializes in creating machine clothing products essential for paper production processes. These textiles are critical in forming, pressing, and drying paper, ensuring efficiency and quality in production. Beyond its traditional markets, Albany International has expanded its focus into aerospace composites, providing innovative materials solutions for aircraft components, thereby significantly impacting the aerospace and defense sectors. For Muslim investors, though, the most pressing question is simpler: is Albany International a Halal investment?
Is Albany International Shariah compliant?
For industrial companies like Albany International, 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 Albany International pass the business activity test?
Yes. In the September 2026 screening Albany International 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 Albany International's income Halal?
Yes, within AAOIFI's tolerance. Albany International's 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 99.79% tells holders of AIN what share of each dividend to keep and what remainder to donate to charity.
Does Albany International 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 AIN 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?



