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AIT – Applied Industrial Technologies Inc

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Applied Industrial Technologies, Inc. is a distributor and solutions provider of industrial motion, power, control, and automation technologies. Its segments include Service Center Based Distribution and Fluid Power & Flow Control. Service Center Based Distribution segment operates through local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. Products primarily include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses, as well as other related supplies for general operational needs of customers’ machinery and equipment. Fluid Power & Flow Control segment includes its operations in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services.

AAOIFI ✓

Debt ÷ Market cap (MC)13.93
Non-Compliant Assets ÷ MC
Impure Income (incl. Interest)0.01
Impure Income%
Interest Income0.01%
Total0.01%