Is Alpha Pro Tech (APT) stock Halal?
Alpha Pro Tech Ltd. (APT) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing investments screen. Tabadulat re-screens APT monthly, and a stock can return to compliance when new financial reports change its ratios.
Alpha Pro Tech is a manufacturing enterprise specializing in the development, production, and marketing of high-quality protective products. Primarily, the company's operations are segmented into three distinct categories: Building Supply, Disposable Protective Apparel, and Infection Control. These segments serve diverse industries, including the construction sector, healthcare institutions, and various industrial markets, providing essential safety equipment and apparel. Before any of that matters to a Muslim investor, one question comes first: is Alpha Pro Tech stock Halal?
Is Alpha Pro Tech Shariah compliant?
Industrial businesses like Alpha Pro Tech usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Alpha Pro Tech pass the business activity test?
The activity screen is only part of the picture this month: Alpha Pro Tech currently fails the interest-bearing investments screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Alpha Pro Tech's income Halal?
Yes, within AAOIFI's tolerance. Alpha Pro Tech's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Alpha Pro Tech meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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?



