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Shariah compliance overview

Doubtful

Carpenter Technology Corporation (CRS) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).

About Carpenter Technology Corporation

Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada.

Carpenter Technology Corporation (CRS) operates in the Basic Materials sector, in the Steel industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

If you hold CRS, give 32.76% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
65.24%Limit 5%Fail
Interest-bearing debt
5.53%Limit 30%Pass
Interest-bearing securities and assets
3.15%Limit 30%Pass
Dividend purification
32.76%Share of dividends to give to charityPurification calculator

Last updated: Oct 23, 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 Carpenter Technology Corporation (CRS). Current Akinda screening label: Doubtful.