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Shariah compliance overview

Doubtful

Parker-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.