The Gorman-Rupp Company

GRC: Is The Gorman-Rupp Company Halal?

The Gorman-Rupp Company

NYSEIndustrialsUS

$79.50

+0.13%

Market Cap: 2.1B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

A

Very Good

86Score

Is The Gorman-Rupp Company (GRC) halal? Halal. Based on AAOIFI screening, The Gorman-Rupp Company passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (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%.

14.6% of 30.0% limit

What this means for you

You can own GRC

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About The Gorman-Rupp Company

The Gorman-Rupp Company specializes in the design, production, and distribution of a broad spectrum of pumps and associated systems, serving markets both within the United States and globally. Their comprehensive portfolio encompasses a wide array of pump types, such as self-priming, standard, and magnetic drive centrifugal units; axial and mixed flow designs; vertical turbine line shaft, submersible, and high-pressure booster pumps; alongside rotary gear, diaphragm, bellows, and oscillating models. These versatile solutions are essential across numerous sectors, including municipal water and wastewater management, building and infrastructure projects, dewatering operations, diverse industrial processes, the petroleum industry, original equipment manufacturing (OEM), agricultural irrigation, fire suppression systems, military applications, and general fluid transfer, including heating, ventilating, and air conditioning (HVAC). To reach its diverse clientele, the company employs a multi-channel sales strategy, leveraging an established network of distributors and independent manufacturers' representatives, sales via third-party catalogs, direct engagement with customers, and e-commerce platforms. Established in 1933, The Gorman-Rupp Company maintains its corporate headquarters in Mansfield, Ohio.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is The Gorman-Rupp Company (GRC) halal to invest in?
Based on AAOIFI Standard 21 screening, The Gorman-Rupp Company (GRC) 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 The Gorman-Rupp Company get a A compliance rating?
The Gorman-Rupp Company (GRC) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 14.6% (limit 30%); interest-bearing deposits of 1.7% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The Gorman-Rupp Company's Shariah verdict?
The Gorman-Rupp 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 The Gorman-Rupp Company re-screened for Shariah compliance?
The Gorman-Rupp Company (GRC) 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.