
Is SIFCO Industries (SIF) 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. SIFCO Industries, Inc. (SIF) does not meet the threshold for the non-permissible income screen as of September 2026, so it is not Shariah compliant.
SIFCO Industries is a manufacturing company specializing in aerospace and energy components. The company's primary function revolves around producing and repairing complex aerospace parts and providing surface treatments for performance-critical components. Sifco serves several segments in the aerospace industry, including commercial and defense aircraft manufacturers, where precision-engineered parts like turbine engine components and structural components are essential. In addition to aerospace, Sifco also caters to the energy sector, contributing to the production of components for power generation turbines. For Muslim investors, though, the most pressing question is simpler: is SIFCO Industries a Halal investment?
Is SIFCO Industries Shariah compliant?
For industrial companies like SIFCO 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 SIFCO Industries pass the business activity test?
The activity screen is only part of the picture this month: SIFCO Industries currently fails the non-permissible income 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 SIFCO Industries' income Halal?
No. SIFCO Industries' income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does SIFCO 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 SIF 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?



