Gentherm Incorporated

THRM: Is Gentherm Incorporated Halal?

Gentherm Incorporated

NASDAQConsumer CyclicalUS

$35.83

+0.42%

Market Cap: 1.1B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Gentherm Incorporated (THRM) halal? Halal. Based on AAOIFI screening, Gentherm Incorporated passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

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%.

17.2% of 30.0% limit

What this means for you

You can own THRM

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 Gentherm Incorporated

Gentherm Incorporated is a company dedicated to the creation, production, and sale of advanced thermal management technologies. Its operations are divided into two principal business segments: Automotive and Medical. The Automotive segment offers an extensive range of climate comfort systems, encompassing active heating and cooling solutions for seats (utilizing heaters, blowers, and thermoelectric devices for precise temperature regulation), heated steering wheels, and specialized thermal comfort products for areas like the neck, door panels, armrests, cupholders, and storage bins. This segment also develops integrated electronic components, including proprietary electronic control units (ECUs) and software essential for these comfort features, as well as general automotive electronic and software systems like memory seat modules. Additionally, Gentherm provides battery performance solutions, which include cell connecting devices, advanced battery cable technologies, and thermal management systems designed to heat and cool 12-volt, 48-volt, and high-voltage automotive batteries and modules. Its clientele in this segment primarily consists of light vehicle original equipment manufacturers (OEMs), key first-tier suppliers (such as automotive seat manufacturers), and aftermarket seat distributors and installers. The Medical segment focuses on delivering systems for managing patient temperature. Gentherm has a wide international footprint, with its products and services available across the United States, Germany, Canada, China, Hungary, Japan, South Korea, Romania, Macedonia, Malta, Mexico, the United Kingdom, Ukraine, and Vietnam. Founded in 1991 as Amerigon Incorporated, the company rebranded to Gentherm Incorporated in September 2012 and is based in Northville, Michigan.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Gentherm Incorporated (THRM) halal to invest in?
Based on AAOIFI Standard 21 screening, Gentherm Incorporated (THRM) is rated Halal with a compliance grade of B+ (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 Gentherm Incorporated get a B+ compliance rating?
Gentherm Incorporated (THRM) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.2% (limit 30%); interest-bearing deposits of 14.6% (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 Gentherm Incorporated's Shariah verdict?
Gentherm Incorporated'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 Gentherm Incorporated re-screened for Shariah compliance?
Gentherm Incorporated (THRM) 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.