PH

Parker Hannifin Corp.

HALAL
Score: 78/100
stock

Is PH Halal?

Motion and control technology — industrial engineering is permissible with minor defense exposure.

What You Should Know

Parker Hannifin makes motion and control technologies including hydraulics, pneumatics, and electromechanical systems for industrial, aerospace, and transportation markets. The large majority of revenue comes from commercial and industrial customers. Aerospace segment serves both commercial aviation (permissible) and military/defense (debated). Most screening agencies still classify PH as compliant because its products are neutral components, not weapons. Higher debt from the Meggitt acquisition warrants monitoring.

⚠️ Concerns

  • Aerospace segment includes defense/military customers (~20% of revenue)
  • Higher debt from Meggitt acquisition
  • Minor interest income

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