Is Cummins Inc. (CMI) halal?
Cummins Inc. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 11.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.6% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 11.2% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.6% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.6% of Cummins Inc.'s revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.6% of each dividend. Open the full analysis for the amount per share.
About Cummins Inc.
Cummins Inc. is a global power solutions company that designs, manufactures, and distributes a broad portfolio of powertrains and related technologies for commercial and industrial applications. The company focuses on diesel, natural gas, electric, and hybrid powertrains, as well as power generation systems and electrified power solutions. Its offerings include engines, automated transmissions, axles, drivelines, brakes, suspension systems, turbochargers, fuel systems,…
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Frequently asked questions
Is Cummins Inc. (CMI) halal?
Cummins Inc. is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 11.2% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.6% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of Cummins Inc.'s dividends should be purified?
About 0.6% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.