Is Herc Holdings, Inc. HRI stock halal to invest in?

No, as of August 2026, Herc Holdings, Inc. stock (HRI) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Herc Holdings, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Herc Holdings, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Herc Holdings, Inc. HRI reviewed for Shariah compliance?

Tabadulat reviews Herc Holdings, Inc. HRI 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 Monthly screening ensures the status shown for Herc Holdings, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Herc Holdings, Inc. HRI pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Herc Holdings, Inc. stock (HRI) 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. Herc Holdings, 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 Herc Holdings, Inc. HRI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Herc Holdings, Inc. stock (HRI) 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). Herc Holdings, 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 Herc Holdings, Inc. HRI pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Herc Holdings, Inc. stock (HRI) does not pass 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. Herc Holdings, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Herc Holdings, Inc. HRI stock?

Herc Holdings, Inc. (HRI) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Herc Holdings, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Herc Holdings, Inc. HRI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Herc Holdings, Inc. stock (HRI) 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. Herc Holdings, 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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Herc Holdings, Inc.

NYSE

Shariah-Compliant

Not Shariah

HRI

About

Herc Holdings, Inc.

HRI

Herc Holdings Inc. is a prominent full-service equipment rental company that plays a vital role in the construction and industrial sectors. The primary function of Herc Holdings Inc. is to provide clients with a broad range of rental equipment, which includes aerial equipment, earthmoving machinery, material handling tools, and generators. This enables businesses in construction, manufacturing, government, and municipalities to conduct operations efficiently without the capital expenditure associated with purchasing equipment. Herc Holdings' diverse fleet of rental options caters to various industries, ensuring they can meet the dynamic demands of projects with flexibility and scalability. Given the nature of its services, Herc Holdings Inc. is integral in supporting infrastructure development and maintenance, a key component of economic growth in many regions. With its strategic distribution network and emphasis on customer service, Herc Holdings not only addresses the immediate needs of construction enterprises but also significantly affects sectors that rely on heavy machinery and specialized equipment.

Sector:

Industrials

Industry:

Rental & Leasing Services

Employees:

7600

Website:

https://ir.hercrentals.com

HRI

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Herc Holdings, Inc.

About

Herc Holdings, Inc.

HRI

Frequently asked questions

Is Herc Holdings, Inc. HRI stock halal to invest in?

How often is Herc Holdings, Inc. HRI reviewed for Shariah compliance?

Does Herc Holdings, Inc. HRI pass the AAOIFI Non Permissible Income criteria?

Does Herc Holdings, Inc. HRI pass the AAOIFI Interest Bearing Investments criteria?

Does Herc Holdings, Inc. HRI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Herc Holdings, Inc. HRI stock?

Does Herc Holdings, Inc. HRI pass the AAOIFI Preference Share screen?

Can I buy Herc (HRI) stock on Tabadulat?

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