Enerpac Tool Group Corp.

EPAC: Is Enerpac Tool Group Corp. Halal?

Enerpac Tool Group Corp.

NYSEIndustrialsUS

$34.87

-0.20%

Market Cap: 1.8B

Compliance Status

Halal

Screened on Jul 13, 2026 · AAOIFI Standard 21

A

Very Good

82Score

Is Enerpac Tool Group Corp. (EPAC) halal? Halal. Based on AAOIFI screening, Enerpac Tool Group Corp. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (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%.

10.2% of 30.0% limit

What this means for you

You can own EPAC

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

Purify 0.4% of your income from EPAC

That is about $0.40 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Enerpac Tool Group Corp.

Enerpac Tool Group Corp. is a global enterprise specializing in the production and distribution of a diverse array of industrial products and solutions. Its operations span multiple key international markets, including the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, and Brazil. The company is structured into two main operating divisions: Industrial Tools & Services (IT&S) and Other. The Industrial Tools & Services (IT&S) segment forms the company's core, focusing on the development, manufacturing, and distribution of a broad spectrum of branded hydraulic and mechanical tools. It also provides essential services, including tool rentals, maintenance, and specialized manpower. This segment serves critical industries like infrastructure, industrial maintenance, repair and operations (MRO), oil and gas, mining, renewable energy, and construction. Its product portfolio encompasses engineered heavy lifting technology solutions, hydraulic torque wrenches, a variety of high-force hydraulic and mechanical tools (such as cylinders, pumps, valves, and specialized instruments), along with bolt tensioners and other related industrial equipment. These offerings are marketed under prominent brand names like Enerpac, Hydratight, Larzep, and Simplex. In contrast, the "Other" segment concentrates on the manufacturing of synthetic ropes and biomedical textiles. Historically, the company operated as Actuant Corporation until its rebranding to Enerpac Tool Group Corp. in January 2020. Founded in 1910, Enerpac Tool Group Corp. maintains its corporate headquarters in Menomonee Falls, Wisconsin.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 13, 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: Q3 2026Data source: EDGAR
Free · No credit card required

Track EPAC and 10,000+ stocks with AI insights

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

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Enerpac Tool Group Corp. (EPAC) halal to invest in?
Based on AAOIFI Standard 21 screening, Enerpac Tool Group Corp. (EPAC) 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 Enerpac Tool Group Corp. get a A compliance rating?
Enerpac Tool Group Corp. (EPAC) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 10.2% (limit 30%); interest-bearing deposits of 8.2% (limit 30%); prohibited income of 0.43% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Enerpac Tool Group Corp.'s Shariah verdict?
Enerpac Tool Group Corp.'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 Enerpac Tool Group Corp. re-screened for Shariah compliance?
Enerpac Tool Group Corp. (EPAC) 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 13, 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.