ALTR
Altair Engineering Inc. (acquired by Siemens; no ALTR listing)
Is ALTR Halal?
Siemens completed Altair's acquisition in March 2025; the engineering-software analysis is retained without a current standalone screen.
What You Should Know
ALTR is a preserved Altair Engineering route. Siemens completed the acquisition on March 26, 2025, ending ALTR's standalone public listing. Simulation, high-performance computing, data analytics and AI software are generally permissible in principle, while aerospace, defense and dual-use customer applications remain qualitative questions; no current standalone ALTR quantitative screen is applicable.
⚠️ Concerns
- •ALTR ceased standalone trading after Siemens' acquisition
- •Aerospace, defense and dual-use customer applications
- •General-purpose AI and simulation end use
- •ALTR is a preserved Siemens-acquisition alias; the URL is unchanged
Current quantitative Sharia screen
Based on issuer-status figures for the period ended 2025-03-26; calculated 2026-07-15.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated because ALTR ceased standalone trading after the Siemens acquisition.
- Financial
- Not calculated
- Overall
- Not calculated
No current standalone Altair financial statement is available.
- Financial
- Not calculated
- Overall
- Not calculated
Not calculated for the acquired historical security.
- Financial
- Not calculated
- Overall
- Not calculated
ALTR has no current public-market price or market-cap series.
Business-activity disclosure
Altair historically provided simulation, high-performance computing, data analytics and AI software. General-purpose engineering software is generally permissible in principle, while aerospace, defense and dual-use customer applications remain qualitative concerns; ALTR is not a current exchange-listed public security.
Limitation: No current standalone ALTR balance sheet, revenue statement or public-market price exists for a reproducible quantitative screen.
Purification
No current standalone ALTR issuer income is available for a purification calculation.
Inputs, assumptions and primary sources
- Siemens completed Altair's acquisition on March 26, 2025; ALTR is not a current exchange-listed standalone security.
- Siemens successor-company figures are not substituted into a standalone ALTR screen.
- The route and its engineering-software qualitative analysis are preserved.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →