Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Parker-Hannifin Corporation (PH) Halal?

PASS

Parker-Hannifin Corporation · NYSE: PH · Industrials

The short answer

Yes — Parker-Hannifin (PH) passes this Shariah stock screen. The Cleveland, Ohio industrial manufacturer is a global leader in motion and control technologies: pumps, motors, valves, actuators, seals, hose and tubing, connectors and filtration, sold through its Diversified Industrial segment (69% of FY2025 sales) and Aerospace Systems segment (31%) — all industrial activity, with no haram business segments disclosed in its filings (defense is disclosed as an end-market vertical for its aerospace components, not weapons manufacturing). The financial ratios pass comfortably: interest-bearing debt of $8,520M is about 6.97% of its ~$122.25B market cap, below the ~33% ceiling, and FY2025 interest income of $11M is 0.06% of revenue ($19,850M), below the 5% ceiling. Zoya covers PH but its public rating text is contradictory (inconclusive); Musaffa and ShariaPortfolio show no PH coverage. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

Parker-Hannifin Corporation (NYSE: PH), incorporated in Ohio in 1938 and headquartered in Cleveland, describes itself in its FY2025 Form 10-K as a global leader in motion and control technologies. It designs, manufactures and provides aftermarket support for highly engineered solutions: electric and hydraulic pumps, motors, valves and actuators; pneumatic actuators, regulators and valves; elastomeric, metal and precision-cut seals and coatings; fluid conveyance hose and tubing; high-pressure connectors, fittings, valves and regulators; and filtration, sensors and diagnostics. It reports through two segments — Diversified Industrial (69% of FY2025 net sales) and Aerospace Systems (31%) — serving aerospace & defense, in-plant & industrial equipment, transportation, off-highway, energy, and HVAC & refrigeration markets. Business-screen implication (factual): all disclosed activity is industrial manufacturing; the filings disclose no alcohol, gambling, conventional finance, pork or tobacco revenue. Defense is disclosed as an end-market vertical for its Aerospace Systems components and aftermarket support, not weapons manufacturing — reported here as found. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Parker-Hannifin's FY2026 Form 10-K (fiscal year ended June 30, 2026; filed ~August 2026; SEC CIK 0000076334), the consolidated balance sheet at June 30, 2026 lists 'Notes payable and long-term debt payable within one year' of $1,754M and 'Long-term debt' of $6,766M — total interest-bearing debt of $8,520M (operating lease liabilities of $213M are not interest-bearing debt and are excluded). Against a market cap of about $122.25B (October 2026 quote data), debt ÷ market cap is 8,520 ÷ 122,250 ≈ 6.97% — below the ~33% ceiling. Cash and cash equivalents of $501M at June 30, 2026 are about 0.41% of market cap, also below 33%. The debt gate passes. Facts only.

Gate 3 — Non-compliant income: PASS

Parker-Hannifin's FY2025 Form 10-K (fiscal year ended June 30, 2025; filed August 22, 2025; SEC CIK 0000076334) reports 'Interest income' of $11M within 'Other (income) expense, net' in Management's Discussion, against net sales of $19,850M — about 0.06% of revenue, far below the 5% non-compliant income ceiling. Interest expense was $409M for the year. Separately, Zoya's PH page cites the year ended June 30, 2026 with revenue of $21,499M and $0 of interest income. The income gate passes. Facts only.

Key figures used

Frequently asked questions

What does Parker-Hannifin do?

Parker-Hannifin Corporation, incorporated in Ohio in 1938 and headquartered in Cleveland, Ohio, describes itself in its FY2025 Form 10-K as a global leader in motion and control technologies. It designs, manufactures and provides aftermarket support for highly engineered solutions — electric and hydraulic pumps, motors, valves and actuators; pneumatic actuators, regulators and valves; seals, sealing systems and coatings; fluid conveyance hose and tubing; high-pressure connectors, fittings and regulators; and filtration, sensors and diagnostics. It reports through two segments: Diversified Industrial (69% of FY2025 net sales of $19,850M) and Aerospace Systems (31%), serving market verticals including aerospace & defense, in-plant & industrial equipment, transportation, off-highway, energy and HVAC & refrigeration. It is listed on the New York Stock Exchange under the symbol PH.

Why does PH pass this Shariah stock screen?

PH passes this Shariah stock screen at all three gates. Gate 1 (business activities): motion and control technologies — pumps, valves, actuators, seals, hose and tubing, connectors and filtration — are industrial manufacturing; the FY2025 filings disclose no alcohol, gambling, conventional finance, pork or tobacco revenue, so there are no haram business segments (defense is an end-market vertical for its Aerospace Systems components, disclosed factually). Gate 2 (debt): total interest-bearing debt of $8,520M ($1,754M notes payable and debt payable within one year plus $6,766M long-term debt, FY2026 10-K balance sheet at June 30, 2026) is about 6.97% of its ~$122.25B market cap, below the ~33% ceiling. Gate 3 (interest income): FY2025 interest income of $11M is 0.06% of $19,850M revenue, below the 5% ceiling. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

What is PH's interest-bearing debt ratio?

Per Parker-Hannifin's FY2026 Form 10-K (fiscal year ended June 30, 2026; filed ~August 2026; SEC CIK 0000076334), the balance sheet at June 30, 2026 lists 'Notes payable and long-term debt payable within one year' of $1,754M and 'Long-term debt' of $6,766M, for total interest-bearing debt of $8,520M (operating lease liabilities are not interest-bearing debt and are excluded). Against a market cap of about $122.25B (October 2026 quote data), debt ÷ market cap is 8,520 ÷ 122,250 ≈ 6.97% — below the ~33% ceiling. Cash and cash equivalents of $501M at June 30, 2026 are about 0.41% of market cap, also below 33%. The debt gate passes.

What is PH's non-compliant income ratio?

Parker-Hannifin's FY2025 Form 10-K (fiscal year ended June 30, 2025; filed August 22, 2025; SEC CIK 0000076334) reports 'Interest income' of $11M inside 'Other (income) expense, net' in Management's Discussion, against net sales of $19,850M — about 0.06% of revenue, far below the 5% non-compliant income ceiling. Interest expense was $409M for the year. Separately, Zoya's PH page (FY ending June 30, 2026) cites revenue of $21,499M with $0 of interest income. The income gate passes.

Do Zoya, Musaffa, or ShariaPortfolio cover PH?

Zoya covers PH (zoya.finance/stocks/ph; cites FY2026 revenue of $21,499M with $0 interest income), but its public page renders contradictory auto-generated template text — simultaneously calling PH Shariah-compliant/halal, not halal, and merely flagged for consideration — so no clean Zoya rating is retrievable, reported as inconclusive. Musaffa: no Parker-Hannifin (PH) page was found via public search — no coverage found. ShariaPortfolio: no PH entry found. All honestly reported as found, not invented. This page applies the screen directly from Parker-Hannifin's own SEC filings.

Sources

Screened 2026-10-01 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).