
Is Hurco Cos (HURC) 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. Hurco Cos., Inc. (HURC) does not meet the threshold for the interest-bearing investments screen as of September 2026, so it is not Shariah compliant.
Hurco Cos is a leading industrial technology company specializing in the design and manufacture of computerized machine tools primarily used in metal cutting, shaping, and forming processes. These cutting-edge machines integrate software and hardware solutions that enable automation and enhance productivity, serving sectors like aerospace, automotive, medical, and energy. Hurco's products, including computer numerical control (CNC) processes, are noted for their precision and efficiency, playing a crucial role in modern manufacturing environments. For Muslim investors, though, the most pressing question is simpler: is Hurco Cos a Halal investment?
Is Hurco Cos Shariah compliant?
For industrial companies like Hurco Cos, 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 Hurco Cos pass the business activity test?
The activity screen is only part of the picture this month: Hurco Cos 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 Hurco Cos' income Halal?
Yes, within AAOIFI's tolerance. Hurco Cos' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Hurco Cos 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?



