SIEGYDoubtfulC+
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Is Siemens (SIEGY) Stock Halal?

Compliance Status

Doubtful

Screened on Nov 2, 2026 · AAOIFI Standard 21

C+

Fair

53Score

Is Siemens AG (SIEGY) halal? Doubtful. Based on AAOIFI screening, Siemens AG passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 53/100 (Grade: C+).

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HalalScreener rates Siemens AG (SIEGY) Doubtful, 53/100, grade C+ under AAOIFI Standard 21, screened Nov 2, 2026. Source: https://halalscreener.app/en/stock/SIEGY

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

27.7% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You may own SIEGY, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

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

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Siemens AG

SIEGY

Siemens AG

OTCIndustrialsDE

$147.95

Market Cap: 226.7B

Screened on a market cap of 202.5B

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About Siemens AG

Siemens Aktiengesellschaft is a prominent technology firm specializing in automation and digitalization across Europe, the Commonwealth of Independent States, Africa, the Middle East, the Americas, Asia, and Australia. Its operations are organized into five primary segments: Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services. The Digital Industries segment provides comprehensive industrial automation solutions, encompassing factory software, numerical control systems, motors, drives, inverters, and integrated automation for production machinery and machine tools. Furthermore, it supplies process control systems, machine-to-machine communication devices, sensors, and RFID technology. Its portfolio also extends to software for production and product lifecycle management, mechatronic system simulation and testing, and cloud-native industrial Internet of Things platforms. The Smart Infrastructure segment delivers products, systems, and software solutions designed to facilitate the sustainable energy transition, spanning both fossil and renewable sources. It also addresses smart buildings, sustainable communities, general building infrastructure, electrification, and various electrical products. Within the Mobility sector, Siemens supplies a broad spectrum of solutions for both passenger and freight transport. This includes various rolling stock like trams, light rail vehicles, commuter and long-distance trains, and passenger coaches. It also offers locomotives for diverse hauling needs, automated transportation systems, rail automation technology, electrification components, and intermodal transport solutions. Siemens Healthineers is dedicated to the development, production, and global distribution of diagnostic and therapeutic medical products and services, supplemented by expert clinical consulting. Finally, Siemens Financial Services provides a suite of financial offerings, including debt and equity investments, along with leasing, lending, working capital, equipment, project, and structured financing solutions. Founded in 1847, Siemens Aktiengesellschaft maintains its corporate headquarters in Munich, Germany.

Sector: Industrials · Industry: Industrial - Machinery

Why This Stock Is Doubtful

  • Interest-bearing debt is 27.7% of market cap, only 2.3 points below the 30% AAOIFI limit.

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 2, 2026
AI Compliance InsightProSee plans
Revenue BreakdownProSee plans

Compliance History

Doubtful, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP-ADR
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Frequently Asked Questions

Is Siemens AG (SIEGY) halal to invest in?
Siemens AG (SIEGY) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Siemens AG get a C+ compliance rating?
Siemens AG (SIEGY) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 27.7% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income within the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Siemens AG's Shariah verdict?
Siemens AG's verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Siemens AG re-screened for Shariah compliance?
Siemens AG (SIEGY) trades in the US as an ADR, so it is screened from the company's own financial statements in its home currency, currently those for fiscal year 2025, against its home-market market cap. It is re-screened about once a week. Last screened: Nov 2, 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.