Is LIN halal?
Linde plc
Halal
Linde plc 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
NASDAQ
Price
498.43
Day
+1.06%
Market cap
$226.46B
Industry
Specialty Chemicals
Sector
Basic Materials
What the company does
Linde is the world's largest industrial-gases company: oxygen, nitrogen, hydrogen and argon for steel mills, hospitals, chemicals and electronics, plus gas-plant engineering. Its money comes from long-term gas-supply 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 $28.01B ÷ 36-month average market cap $216.89B = 12.9%
12.9%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.90B ÷ 36-month average market cap $216.89B = 2.3%
2.3%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $209.00M ÷ annual revenue $33.99B (2025) = 0.6%
0.6%
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: $226.46B.
For information (AAOIFI 3/1 note): cash + receivables are 12.4% 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
- 0.34% weight · #49 of 503
- Among halal stocks
- 0.33% · #44 of 1454
- Held by funds
- SPUS 0.58% · HLAL 0.54%
- Dividend
- 1.26% · purify 0.6% · net 1.25%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 6 superinvestors · Average reported price: $508.63
- Stephen MandelLone Pine Capital$808.6M4.9%
- John ArmitageEgerton Capital$156.1M1.5%
- AKO Capital$34K0.8%
- Dodge & Cox Funds$688.4M0.4%
- Wallace WeitzWeitz Investment Management$3.7M0.3%
- Jensen Investment Management$669K0.0%
Exited this quarter: Lee Ainslie
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.