Shariah compliance overview
DoubtfulParker-Hannifin Corporation (PH) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).
About Parker-Hannifin Corporation
Parker-Hannifin Corporation is a global enterprise specializing in the production and distribution of advanced motion and control technologies and systems. These solutions serve a broad spectrum of international markets, including mobile applications, industrial operations, and the aerospace sector.
Parker-Hannifin Corporation (PH) operates in the Industrials sector, in the Industrial - Machinery industry.
Why it is not classified as halal: it does not pass these screens: Business Activity.
If you hold PH, give 16.42% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 32.84%Limit 5%Fail
- Interest-bearing debt
- 10.04%Limit 30%Pass
- Interest-bearing securities and assets
- 0.59%Limit 30%Pass
- Dividend purification
- 16.42%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 Parker-Hannifin Corporation (PH). Current Akinda screening label: Doubtful.
