Is WM halal?
Waste Management, Inc.
Halal
Waste Management, 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
224.19
Day
+3.91%
Market cap
$85.56B
Industry
Waste Management
Sector
Industrials
What the company does
Waste Management is North America's largest waste collection, recycling and landfill company, also producing energy from landfill gas. Its money comes from waste-service fees paid by households and businesses.
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 $23.36B ÷ 36-month average market cap $86.54B = 27.0%
27.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $557.00M ÷ 36-month average market cap $86.54B = 0.6%
0.6%
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: $85.56B.
For information (AAOIFI 3/1 note): cash + receivables are 10.3% 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
- 0.13% weight · #139 of 503
- Among halal stocks
- 0.13% · #106 of 1454
- Held by funds
- SPUS 0.21%
- Dividend
- 1.67% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $222.88
- Bill & Melinda Gates Foundation Trust$6.0B17.3%
- Jensen Investment Management$140.6M3.4%
- Mairs & Power Funds$131.7M1.2%
Halal stocks in the same industry
The largest halal stocks in Waste Management — 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.