American Superconductor Corporation

AMSC: Is American Superconductor Corporation Halal?

American Superconductor Corporation

NASDAQIndustrialsUS

$33.09

-6.26%

Market Cap: 1.6B

Compliance Status

Halal

Screened on Aug 30, 2026 · AAOIFI Standard 21

A

Very Good

80Score

Is American Superconductor Corporation (AMSC) halal? Halal. Based on AAOIFI screening, American Superconductor Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

Quote this verdict

HalalScreener rates American Superconductor Corporation (AMSC) Halal, 80/100, grade A under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/AMSC

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

0.4% of 30.0% limit

What this means for you

You can own AMSC

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened AMSC's prohibited income, but the exact share you would need to purify is part of Pro.

About American Superconductor Corporation

American Superconductor Corporation (AMSC), along with its affiliated entities, delivers robust, large-scale power infrastructure and resiliency solutions across the globe. Its operations are primarily divided into two distinct segments: Grid and Wind. The Grid segment, marketed under the Gridtec Solutions brand, supplies essential products and services designed to empower electric utilities, industrial operations, and renewable energy developers. These offerings facilitate the seamless connection, transmission, and distribution of electrical power, complemented by expert engineering and planning services. Within this segment, AMSC delivers transmission planning to diagnose issues like grid congestion, suboptimal power quality, and other systemic vulnerabilities. It provides critical grid interconnection solutions for large-scale renewable projects like wind and solar farms, alongside comprehensive power quality and transmission & distribution (T&D) cable systems. Key technologies include its D-VAR® systems for precise control of power flow and voltage within AC transmission networks, the actiVAR™ solution for rapid medium-voltage reactive compensation, and the armorVAR™ system, which enhances power quality, corrects power factor, reduces energy losses, and mitigates concerns from converter-based devices. Furthermore, D-VAR® VVO technology optimizes voltage and reactive power on the distribution network. Additionally, the Grid segment extends its expertise to naval applications, supplying advanced ship protection systems that minimize magnetic signatures, along with integrated power delivery, generation, and propulsion systems, as well as specialized transformers and rectifiers. The Wind segment, operating under the Windtec Solutions brand, focuses on designing cutting-edge wind turbine systems and subsequently licensing these innovative designs to external manufacturers. Beyond the core designs, this segment provides crucial power electronics, sophisticated software control systems, bespoke engineered solutions, and ongoing customer support for wind turbine producers. Its comprehensive design portfolio encompasses various drivetrains and power ratings, starting from 2 megawatts. Established in 1987, AMSC maintains its corporate headquarters in Ayer, Massachusetts.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 30, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

  4. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2027Data source: EDGAR
Free · No credit card required

Track AMSC and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is American Superconductor Corporation (AMSC) halal to invest in?
Based on AAOIFI Standard 21 screening, American Superconductor Corporation (AMSC) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did American Superconductor Corporation get a A compliance rating?
American Superconductor Corporation (AMSC) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change American Superconductor Corporation's Shariah verdict?
American Superconductor Corporation's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is American Superconductor Corporation re-screened for Shariah compliance?
American Superconductor Corporation (AMSC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 30, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.