Shariah compliance overview
Not HalalGates 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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Company Profile
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Frequently asked questions
Quick answers about Gates Industrial Corporation plc (GTES). Current Akinda screening label: Not Halal.
