Woodward, Inc.

WWD: Is Woodward, Inc. Halal?

Woodward, Inc.

NASDAQIndustrialsUS

$419.00

+1.71%

Market Cap: 25.0B

Compliance Status

Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

A+

Excellent

95Score

Is Woodward, Inc. (WWD) halal? Halal. Based on AAOIFI screening, Woodward, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 95/100 (Grade: A+).

Quote this verdict

HalalScreener rates Woodward, Inc. (WWD) Halal, 95/100, grade A+ under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/WWD

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%.

2.8% of 30.0% limit

What this means for you

You can own WWD

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

Purification amount is Pro

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

About Woodward, Inc.

Woodward, Inc. (WWD) stands as a prominent global entity, specializing in the engineering, production, and maintenance of advanced control solutions for both the aerospace and industrial sectors. The company organizes its operations into two distinct divisions: Aerospace and Industrial. Within its Aerospace segment, Woodward delivers a comprehensive array of crucial components. This includes fuel pumps, metering units, various types of actuators, air and specialized valves, fuel nozzles, and thrust reverser actuation systems, primarily designed for turbine engines and nacelles. Additionally, it provides flight deck controls, servocontrols, motors, and sensors for aircraft applications. These sophisticated offerings are integral to a wide range of platforms, encompassing commercial and private airplanes and rotorcraft, military fixed-wing and rotary-wing aircraft, guided munitions, and diverse defense systems. Beyond initial sales, this segment also offers extensive aftermarket services such as maintenance, repair, and overhaul (MRO) to commercial airlines, repair facilities, military depots, independent repair shops, and direct end-users. Products are supplied to Original Equipment Manufacturers (OEMs), tier-one suppliers, and various contractors, alongside aftermarket sales comprising provisioning spares, replacements, and individual parts. The Industrial segment offers an equally vital portfolio of products, including actuators, valves, pumps, sophisticated fuel injection systems, solenoids, ignition systems, speed control mechanisms, integrated electronics and software solutions, and sensors. These are essential for optimizing the performance of industrial gas turbines, steam turbines, compressors, and reciprocating engines. For its industrial offerings, including aftermarket products and associated services, this segment distributes to OEMs through an established network of independent distributors, as well as directly serving end-users. Woodward, Inc. was established in 1870 and maintains its corporate headquarters in Fort Collins, Colorado.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Woodward, Inc. (WWD) halal to invest in?
Based on AAOIFI Standard 21 screening, Woodward, Inc. (WWD) is rated Halal with a compliance grade of A+ (Excellent). 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 Woodward, Inc. get a A+ compliance rating?
Woodward, Inc. (WWD) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Woodward, Inc.'s Shariah verdict?
Woodward, 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 Woodward, Inc. re-screened for Shariah compliance?
Woodward, Inc. (WWD) 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: Aug 29, 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.