Air Products and Chemicals, Inc (APD) - Halal (Shariah-Compliant)
Air Products and Chemicals, Inc (APD) 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
- Basic Materials
- Industry
- Specialty Chemicals
- Result
- Pass
- Reason
- The sector "Basic Materials" and industry "Specialty Chemicals" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 26.5% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 1.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.03%.Based on the company's financial statements, approximately 0.03% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (0.03% of total income). Some scholars may differ on the exact calculation method.
About Air Products and Chemicals, Inc
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.
Frequently Asked Questions
Is Air Products and Chemicals, Inc (APD) stock halal to invest in?
According to AAOIFI Shariah screening standards, Air Products and Chemicals, Inc (APD) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.


