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Shariah compliance overview

Not Halal

Gates Industrial Corporation plc (GTES) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Gates Industrial Corporation plc

Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power.

Gates Industrial Corporation plc (GTES) operates in the Industrials sector, in the Industrial - Machinery industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.28%Limit 5%Pass
Interest-bearing debt
44.20%Limit 30%Fail
Interest-bearing securities and assets
15.06%Limit 30%Pass
Dividend purification
0.28%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Gates Industrial Corporation plc (GTES). Current Akinda screening label: Not Halal.