Is ECL halal?
Ecolab Inc.
Halal
Ecolab Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
288.89
Day
-0.66%
Market cap
$80.14B
Industry
Specialty Chemicals
Sector
Basic Materials
What the company does
Ecolab provides water treatment, hygiene and infection-prevention services: cleaning chemicals and water-saving systems for restaurants, hotels, hospitals and factories. Its money comes from recurring service and product contracts.
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 $13.75B ÷ 36-month average market cap $71.07B = 19.4%
19.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.14B ÷ 36-month average market cap $71.07B = 7.2%
7.2%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $65.10M ÷ annual revenue $16.08B (2025) = 0.4%
0.4%
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: $80.14B.
For information (AAOIFI 3/1 note): cash + receivables are 30.0% 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
- 0.11% weight · #162 of 503
- Among halal stocks
- 0.12% · #112 of 1454
- Held by funds
- SPUS 0.19% · HLAL 0.17%
- Dividend
- 0.99% · purify 0.4% · net 0.99%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $278.61
- Bill & Melinda Gates Foundation Trust$1.5B4.2%
- Mairs & Power Funds$216.6M2.0%
- Jensen Investment Management$16.3M0.4%
Exited this quarter: First Eagle Investment Management
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Specialty Chemicals — 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.