Is Albany International Corp. (AIN) halal? Halal. Based on AAOIFI screening, Albany International Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 63/100 (Grade: B).
AIN — Is Albany International Corp. Halal?
HalalAlbany International Corp.
$64.92
+1.56%
About Albany International Corp.
Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.
Sector: Consumer Cyclical · Industry: Apparel - Manufacturers
Shariah Compliance Status
Based on AAOIFI screening standards
Acceptable
Acceptable but room for improvement
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Halalnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Purify Your AIN Dividends
2.3% non-compliant incomeAIN has 2.3% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
1.8B
Price
$64.92
Sector
Consumer Cyclical
Industry
Apparel - Manufacturers
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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.