Crane Company

CR: Is Crane Company Halal?

Crane Company

NYSEIndustrialsUS

$217.64

-0.98%

Market Cap: 12.6B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A+

Excellent

94Score

Is Crane Company (CR) halal? Halal. Based on AAOIFI screening, Crane Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).

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%.

2.0% of 30.0% limit

What this means for you

You can own CR

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

Purify 0.3% of your income from CR

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Crane Company

Established in 1855 in Stamford, Connecticut, Crane Company, formerly known as Crane Holdings, Co., is a global industrial manufacturer and distributor of specialized engineered products. Operating across the Americas, Europe, the Middle East, Asia, and Australia, the company is structured into four main business divisions. The Aerospace & Electronics segment provides critical components and integrated systems, including both original equipment and aftermarket parts, primarily to commercial and military aerospace, defense, and space exploration markets. This encompasses products like pressure sensors for aircraft engine control, braking systems for fighter jets, power conversion solutions for spacecraft, and lubrication systems. Through its Process Flow Technologies division, Crane supplies engineered equipment for mission-critical fluid handling, offering a range of process and commercial valves, along with various pumps and related systems. The Payment & Merchandising Technologies segment delivers electronic devices and associated software, leveraging proprietary expertise in payment verification and authentication, automation, field service, remote diagnostics, and software designed to boost efficiency. Lastly, the Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, predominantly used in the production of recreational vehicles and for commercial and industrial construction applications. Crane Company's diverse offerings cater to a wide array of end markets, including aerospace, defense, chemical and pharmaceutical industries, water and wastewater management, payment automation, non-residential and municipal construction, energy, banknote design and production, and numerous general industrial and consumer applications.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: EDGAR
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Frequently Asked Questions

Is Crane Company (CR) halal to invest in?
Based on AAOIFI Standard 21 screening, Crane Company (CR) is rated Halal with a compliance grade of A+ (Excellent). 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 Crane Company get a A+ compliance rating?
Crane Company (CR) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.0% (limit 30%); interest-bearing deposits of 4.0% (limit 30%); prohibited income of 0.27% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Crane Company's Shariah verdict?
Crane Company'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 Crane Company re-screened for Shariah compliance?
Crane Company (CR) 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: Jul 18, 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.