Is AZBIL CORP (YMATF) Stock Halal or Haram?

AZBIL CORP (YMATF) - Halal (Shariah-Compliant)

AZBIL CORP (YMATF) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.

Business Activity Screen

Sector: Industrials
Industry: Specialty Industrial Machinery
Result: Pass
Reason: The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.

Financial Ratios

Debt Ratio: Value: 1.4% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio: Value: 17.8% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio: Value: 0.1% | Threshold: 5% | Result: Pass

Dividend Purification

Purification percentage: 0.12%.Based on the company's financial statements, approximately 0.12% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.12% of total income). Some scholars may differ on the exact calculation method.

About AZBIL CORP

Azbil Corporation provides automation products and services worldwide. It operates through three segments: Building Automation Business, Advanced Automation Business, Life Automation Business, and others. The Building Automation Business segment offers indoor temperature and humidity sensors, ceiling temperature sensors, indoor temperature and humidity controllers, infrared array sensors, workplace sensors, digital setting devices, marcellia-compatible user terminals, integrated user terminals, building automation systems, access control systems, contactless IC card readers, air conditioning equipment controllers, heat source equipment systems, air conditioning equipment, and control functions, etc.; and control valves, graphical controllers, digital mass flow controllers, instrumentation network modules, differential pressure transmitters, electromagnetic flow meters, and smart valves. The Advanced Automation Business segment offers positioners, collaborative automation systems, process controllers, adjustable proximity sensors, photoelectric switch, advanced UV sensor, limit switch, thermal micro liquid flow meter, dynamic monitoring system, online abnormality detection system, cloud services, ultrasonic gas meters, diaphragm smart meters, smart meter, and microcomputer meter. The Life Automation Business Segment offers pressure governor, battery-powered electromagnetic water meter, electronic water meter, air conditioning systems, whole-house air purification and ventilation systems, system, whole-building air purification and ventilation system, etc., and insurance agency software development services, etc. The company was formerly known as Yamatake Corporation and changed its name to Azbil Corporation in April 2012. Azbil Corporation was founded in 1906 and is headquartered in Tokyo, Japan.

Business Activity

Pass

IndustrialsSpecialty Industrial Machinery

The sector "Industrials" and industry "Specialty Industrial Machinery" are not in the excluded categories.

Business-activity data: inferred from the company description (lower confidence). How coverage works

Financial Ratios

Pass

Debt Ratio1.4% / 30%

Cash & Interest-bearing Securities Ratio17.8% / 30%

Non-Permissible Income Ratio0.1% / 5%

Denominator: Market Capitalization

Dividend Purification

0.12%

Based on the company's financial statements, approximately 0.12% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.12% of total income). Some scholars may differ on the exact calculation method.

Uses quarterly data

About AZBIL CORP

JapanOTCIndustrials

Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.

Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.

Verdict history

Free with an account.

No verdict changes recorded since first screened on Oct 12, 2026. We started recording changes on Oct 19, 2026.

Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.

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Screening

What Makes a Stock Halal?

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Purification

Dividend Purification Explained

Learn how to calculate and donate the non-permissible portion of your dividend income.

Frequently Asked Questions

Is AZBIL CORP (YMATF) stock halal to invest in?

According to AAOIFI Shariah screening standards, AZBIL CORP (YMATF) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

Does AZBIL CORP have any interest income?

AZBIL CORP's interest income ratio is 17.8% of total revenue. AAOIFI standards require this to be below 30%.

What guidelines are used to determine if YMATF stock is Shariah-compliant?

YMATF is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

How often is AZBIL CORP stock reviewed for Shariah compliance?

AZBIL CORP's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.

How can I stay updated on AZBIL CORP's compliance status?

You can save YMATF to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.

Are dividends from AZBIL CORP stock considered halal?

Dividends from AZBIL CORP require purification. Approximately 0.12% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.

Do I need to pay Zakat on my AZBIL CORP shares?

Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.

Salaam

AZBIL CORP

Business Activity

Financial Ratios

Dividend Purification

About AZBIL CORP

Verdict history

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Frequently Asked Questions

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