Is ODFL halal?
Old Dominion Freight Line, Inc.
Halal
Old Dominion Freight Line, Inc. 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
188.88
Day
+2.45%
Market cap
$38.98B
Industry
Trucking
Sector
Industrials
What the company does
Old Dominion Freight Line is a less-than-truckload (LTL) carrier, combining several customers' freight on one truck, with the top-rated LTL network in the US (260 terminals). 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 $20.00M ÷ 36-month average market cap $38.88B = 0.1%
0.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $283.94M ÷ 36-month average market cap $38.88B = 0.7%
0.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $4.14M ÷ annual revenue $5.50B (2025) = 0.1%
0.1%
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: $38.98B.
For information (AAOIFI 3/1 note): cash + receivables are 15.9% 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
- 0.05% weight · #283 of 503
- Among halal stocks
- 0.06% · #192 of 1454
- Held by funds
- SPUS 0.09% · HLAL 0.09%
- Dividend
- 0.62% · purify 0.1% · net 0.62%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $216.60
- David RolfeWedgewood Partners$23.9M4.9%
- First Eagle Investment Management$41K0.0%
Exited this quarter: Francois Rochon, Wallace Weitz
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Trucking — 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.