Mitsubishi Electric Corp. Unsponsored ADR

MIELY: Is Mitsubishi Electric Corp. Unsponsored ADR Halal?

Mitsubishi Electric Corp. Unsponsored ADR

OTCIndustrialsJP

$68.67

-0.60%

Market Cap: 70.3B

Compliance Status

Halal

Screened on Jul 24, 2026 · AAOIFI Standard 21

A

Very Good

89Score

Is Mitsubishi Electric Corp. Unsponsored ADR (MIELY) halal? Halal. Based on AAOIFI screening, Mitsubishi Electric Corp. Unsponsored ADR passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (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%.

3.2% of 30.0% limit

What this means for you

You can own MIELY

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 Mitsubishi Electric Corp. Unsponsored ADR

Mitsubishi Electric Corporation develops, manufactures, sells, and distributes electrical and electronic equipment in Japan, North America, rest of Asia, Europe, and internationally. It operates through Infrastructure, Industry & Mobility, Life, Business Platform, Semiconductor & Device, and Others segments. The company offers public utility systems comprising rolling stock and communication systems, and supervisory control and power supply systems; energy systems consisting of power transmission and distribution systems and power demand and supply optimization solutions; and defense and space systems, including missile and radar systems, command and control systems, electric warfare and satellite systems, and satellite data solutions. It also provides factory automation (FA) systems, such as control and drive products, processing machines, power distribution control equipment, and FA digital solutions; automotive equipment comprising electric vehicle-related equipment, ADAS-related products, vehicle control systems, and powertrain products; building systems consisting of elevators, escalators, and building management systems; and air conditioning and refrigeration systems, lighting, ventilation, and home equipment and appliances. In addition, the company offers information systems and network services related to manufacturing dx solutions; IT infrastructure; and security solutions. Further, it provides semiconductor and device products, including power and high-frequency devices, and optical devices, as well as procurement, real estate leasing and brokerage, advertising, and finance services. Additionally, the company offers energy and facility, OT security, and CVC solutions; data center and information systems outsourcing services; software, control panels, switchboards, printed circuit boards, and generators; electrical construction services; and repair services. Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Chiyoda, Japan.

Sector: Industrials · Industry: Electrical Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 24, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2026Data source: FMP-ADR
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Frequently Asked Questions

Is Mitsubishi Electric Corp. Unsponsored ADR (MIELY) halal to invest in?
Based on AAOIFI Standard 21 screening, Mitsubishi Electric Corp. Unsponsored ADR (MIELY) 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 Mitsubishi Electric Corp. Unsponsored ADR get a A compliance rating?
Mitsubishi Electric Corp. Unsponsored ADR (MIELY) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Mitsubishi Electric Corp. Unsponsored ADR's Shariah verdict?
Mitsubishi Electric Corp. Unsponsored ADR'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 Mitsubishi Electric Corp. Unsponsored ADR re-screened for Shariah compliance?
Mitsubishi Electric Corp. Unsponsored ADR (MIELY) 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 24, 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.