Hurco Companies, Inc.

HURC: Is Hurco Companies, Inc. Halal?

Hurco Companies, Inc.

NASDAQIndustrialsUS

$22.69

+0.22%

Market Cap: 146.9M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Hurco Companies, Inc. (HURC) halal? Not Halal. Based on AAOIFI screening, Hurco Companies, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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%.

8.1% of 30.0% limit

What this means for you

Most scholars advise not holding HURC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Hurco Companies, Inc.

Hurco Companies, Inc. is a global industrial technology firm specializing in the design, manufacture, and distribution of computerized machine tools for the metal cutting sector. Their core product line encompasses versatile computer-numeric-controlled (CNC) machinery, including vertical and horizontal machining centers, turning centers, and precision toolroom machines. Beyond hardware, the company develops computer control systems and associated software tailored for press brake operations. Hurco also supplies essential machine tool components, automation integration solutions for diverse job shops, and a comprehensive suite of software enhancements, control system upgrades, and spare parts for their equipment. To support their clientele, they deliver extensive customer service, technical training, and applications support. Their diverse customer base includes independent job shops, large manufacturing operations requiring specialized short-run production, and manufacturers of precision tools, dies, and molds across key sectors such as aerospace, defense, medical, energy, automotive, electronics, and computing. Hurco's products are marketed worldwide under the Hurco, Milltronics, and Takumi brands, distributed through a network of independent agents, distributors, and their own direct sales and service channels. Established in 1968, the company is headquartered in Indianapolis, Indiana.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Hurco Companies, Inc. (HURC) halal to invest in?
Hurco Companies, Inc. (HURC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Hurco Companies, Inc. get a F compliance rating?
Hurco Companies, Inc. (HURC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 8.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Hurco Companies, Inc.'s Shariah verdict?
Hurco Companies, Inc.'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 Hurco Companies, Inc. re-screened for Shariah compliance?
Hurco Companies, Inc. (HURC) 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 26, 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.