
Is Hub (HUBG) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Hub Group, Inc. (HUBG) passes all four screens as of September 2026, with a dividend purification factor of 99.85%.
Hub is a transportation and logistics management company headquartered in Oak Brook, Illinois. The company plays a pivotal role in the supply chain and logistics sector by offering comprehensive services like freight transportation, logistics management, and intermodal solutions. Intermodal transport, which integrates multiple transportation modes like rail and truck, is a cornerstone of Hub Group's business, enhancing the efficiency and sustainability of freight movements across North America. For Muslim investors, though, the most pressing question is simpler: is Hub a Halal investment?
Is Hub Shariah compliant?
For industrial companies like Hub, 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 Hub pass the business activity test?
Yes. In the September 2026 screening Hub 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 Hub's income Halal?
Yes, within AAOIFI's tolerance. Hub'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 99.85% tells holders of HUBG what share of each dividend to keep and what remainder to donate to charity.
Does Hub 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 HUBG 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?



