Is CSX halal?
CSX Corporation
Halal
CSX Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
48.68
Day
-0.02%
Market cap
$90.06B
Industry
Railroads
Sector
Industrials
What the company does
CSX is a major railroad in the eastern US (20,000 miles), hauling containers, coal, chemicals, cars and grain. Its money comes from freight charges.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $18.86B ÷ 36-month average market cap $68.06B = 27.7%
27.7%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $1.39B ÷ 36-month average market cap $68.06B = 2.0%
2.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $45.00M ÷ annual revenue $14.09B (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $90.06B.
For information (AAOIFI 3/1 note): cash + receivables are 6.4% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.14% weight · #124 of 503
- Among halal stocks
- 0.13% · #101 of 1454
- Held by funds
- SPUS 0.24%
- Dividend
- 1.13% · purify 0.3% · net 1.13%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $47.53
- Harry BurnSound Shore$70.0M2.1%
- Kahn Brothers Group$1.7M0.3%
Exited this quarter: Viking Global Investors
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Railroads — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.