Compliance Status

Halal

Screened on Oct 13, 2026 · AAOIFI Standard 21

A

Very Good

88Score

Is Transcat, Inc. (TRNS) halal? Halal. Based on AAOIFI screening, Transcat, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 88/100 (Grade: A).

Quote this verdict

HalalScreener rates Transcat, Inc. (TRNS) Halal, 88/100, grade A under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/TRNS

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%.

13.6% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own TRNS

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

Purification amount is Pro

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

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Transcat, Inc.

TRNS: Is Transcat, Inc. Halal?

Transcat, Inc.

NASDAQIndustrialsUS

$80.35

Market Cap: 752.1M

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About Transcat, Inc.

Transcat, Inc. is a provider of accredited calibration and laboratory instrument services, and a value-added distributor of professional grade test, measurement, and control instrumentation. The company operates through two segments, Service and Distribution, and focuses on providing services and products to highly regulated industries, particularly the life science industry, which includes pharmaceutical, biotechnology, and medical device businesses.

Sector: Industrials · Industry: Specialty Business Services

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 13, 2026

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Screened according to AAOIFI Standard 21

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 2027Data source: EDGAR
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Frequently Asked Questions

Is Transcat, Inc. (TRNS) halal to invest in?
Based on AAOIFI Standard 21 screening, Transcat, Inc. (TRNS) 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 Transcat, Inc. get a A compliance rating?
Transcat, Inc. (TRNS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 13.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Transcat, Inc.'s Shariah verdict?
Transcat, 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 Transcat, Inc. re-screened for Shariah compliance?
Transcat, Inc. (TRNS) 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 13, 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.