Is Applied Industrial Technologies, Inc. AIT stock halal to invest in?

Yes, as of August 2026, Applied Industrial Technologies, Inc. stock (AIT) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Applied Industrial Technologies, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.62%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Applied Industrial Technologies, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Applied Industrial Technologies, Inc. AIT reviewed for Shariah compliance?

Tabadulat reviews Applied Industrial Technologies, Inc. AIT for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Applied Industrial Technologies, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Applied Industrial Technologies, Inc. stock (AIT) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Applied Industrial Technologies, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Applied Industrial Technologies, Inc. stock (AIT) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Applied Industrial Technologies, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Applied Industrial Technologies, Inc. stock (AIT) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Applied Industrial Technologies, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Applied Industrial Technologies, Inc. AIT stock?

As of August 2026, the dividend purification factor for Applied Industrial Technologies, Inc. (AIT) is 99.62%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Applied Industrial Technologies, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Applied Industrial Technologies, Inc. stock (AIT) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Applied Industrial Technologies, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Applied Industrial Technologies, Inc.

NYSE

Shariah-Compliant

Not Shariah

AIT

About

Applied Industrial Technologies, Inc.

AIT

Applied Industrial Technologies Inc. is a leading distributor and solutions provider specializing in industrial motion, fluid power, and control technologies. Its primary function is to provide a comprehensive suite of products and services that enhance operational efficiencies for industrial customers worldwide. The company serves a variety of industries including automotive, food processing, forest products, primary metals, and mining, to name a few. Notable features include a broad product portfolio encompassing bearings, power transmission components, fluid power products, industrial rubber products, safety products, and more. Additionally, Applied Industrial Technologies offers customized solutions via its engineering services, which include design, application, and technical repair services. The company plays a critical role in the supply chain and operational continuity of its clients, underscoring its significance in the industrial economy. Established in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies Inc. remains an influential player in the MRO (maintenance, repair, and operations) sector, delivering value through innovation and an extensive distribution network.

Sector:

Industrials

Industry:

Industrial Distribution

Employees:

6794

Website:

https://www.applied.com

AIT

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Applied Industrial Technologies, Inc.

About

Applied Industrial Technologies, Inc.

AIT

Frequently asked questions

Is Applied Industrial Technologies, Inc. AIT stock halal to invest in?

How often is Applied Industrial Technologies, Inc. AIT reviewed for Shariah compliance?

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Non Permissible Income criteria?

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Interest Bearing Investments criteria?

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Applied Industrial Technologies, Inc. AIT stock?

Does Applied Industrial Technologies, Inc. AIT pass the AAOIFI Preference Share screen?

How do I buy Applied Industrial Technologies (AIT) stock?

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