Compliance Status

Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

B

Acceptable

64Score

Is INNIO N.V. Ordinary Shares (INIO) halal? Halal. Based on AAOIFI screening, INNIO N.V. Ordinary Shares passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 64/100 (Grade: B).

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HalalScreener rates INNIO N.V. Ordinary Shares (INIO) Halal, 64/100, grade B under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/INIO

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

20.8% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own INIO

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

Purification amount is Pro

We have screened INIO's prohibited income, but the exact share you would need to purify is part of Pro.

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INNIO N.V. Ordinary Shares

INIO: Is INNIO N.V. Ordinary Shares Halal?

INNIO N.V. Ordinary Shares

NASDAQIndustrialsDE

$19.79

Market Cap: 14.8B

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About INNIO N.V. Ordinary Shares

INNIO Group Holding B.V., through its subsidiaries, operates as a distributed energy solutions provider that manufactures reciprocating gas engines used for power generation and gas compression. The company offers gas engines that convert gaseous fuels, such as natural, renewable and specialty gases, into electricity and heat or compression for a wide array of critical infrastructure, including the grid, data centers and industrial applications. The company operates through two primary segments: Equipment and Services. Its Equipment segment addresses the data center, power solutions and compression end-markets through its engine-based solutions. It offers power generation equipment for data centers to deliver prime and backup power required to sustain intensive AI workloads. Its power solutions provide baseload and peaking power to stabilize utility grids in-front-of-the-meter and power independent microgrids behind-the-meter. Further, its compression solutions support the full energy value chain, including gas lift, gathering, processing, storage and transmission, enabling gaseous fuel transport. The Services segment offers comprehensive services offering including transactional parts and labor, lifetime service agreements, overhaul and repair, remanufacturing, conversions, modifications and upgrades, commissioning, and digital services. Its brands include Jenbacher, which provides engines power solutions, such as engines, which are packaged generator sets and cogeneration and trigeneration units for power generation; Waukesha, that offers gas compression and power generation for remote environments; and myplant, that offers AI-enabled software solutions for generating power and heat. The company was formerly known as INNIO Holding GmbH and changed its name to INNIO Group Holding B.V. in June 2026. Innio Holding Gmbh was founded in 2018 and is headquartered in Munich, Germany. Innio Holding Gmbh operates as a subsidiary of AI Alpine (Luxembourg) S.à r.l.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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Screened according to AAOIFI Standard 21

Compliance History

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 INNIO N.V. Ordinary Shares (INIO) halal to invest in?
Based on AAOIFI Standard 21 screening, INNIO N.V. Ordinary Shares (INIO) is rated Halal with a compliance grade of B (Acceptable). 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 INNIO N.V. Ordinary Shares get a B compliance rating?
INNIO N.V. Ordinary Shares (INIO) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change INNIO N.V. Ordinary Shares's Shariah verdict?
INNIO N.V. Ordinary Shares'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 INNIO N.V. Ordinary Shares re-screened for Shariah compliance?
INNIO N.V. Ordinary Shares (INIO) 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: Oct 8, 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.