Is OTIS halal?
Otis Worldwide Corporation
Halal
Otis Worldwide Corporation 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
71.33
Day
+1.32%
Market cap
$25.89B
Industry
Specialty Industrial Machinery
Sector
Industrials
What the company does
Otis is the world's largest elevator and escalator company: installing new units and servicing 2M+ elevators (service is the main profit source). Its money comes from installation and maintenance 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 $8.44B ÷ 36-month average market cap $36.44B = 23.1%
23.1%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $813.00M ÷ 36-month average market cap $36.44B = 2.2%
2.2%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $25.89B.
For information (AAOIFI 3/1 note): cash + receivables are 50.4% 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
- 0.04% weight · #327 of 503
- Among halal stocks
- 0.04% · #246 of 1454
- Held by funds
- SPUS 0.07%
- Dividend
- 2.51% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $71.60
- First Eagle Investment Management$29.5M0.0%
- Dodge & Cox Funds$373K0.0%
Exited this quarter: Terry Smith
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Specialty Industrial Machinery — 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.