
AMSC: Is American Superconductor Corporation Halal?
American Superconductor Corporation
$33.09
-6.26%
Market Cap: 1.6B
Compliance Status
Halal
Screened on Aug 30, 2026 · AAOIFI Standard 21
Very Good
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.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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
Compliance History
Halalnow
since Aug 2026
Doubtful
until the change above
Halal
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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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.