Is Icahn Enterprises L.P. (IEP) halal? Doubtful. Based on AAOIFI screening, Icahn Enterprises L.P. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 54/100 (Grade: C+).
IEP — Is Icahn Enterprises L.P. Halal?
DoubtfulIcahn Enterprises L.P.
$7.53
+0.80%
About Icahn Enterprises L.P.
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products. Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family homes and residential units; and golf and club operations. This segment also engages in hotel and timeshare resort operations. The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
Sector: Industrials · Industry: Conglomerates
Why This Stock Is Doubtful
- Interest-bearing deposits are 28.7% of market cap — only 1.3 points below the 30% limit
- Non-compliant income is 4.4% of revenue — only 0.6 points below the 5% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Based on AAOIFI screening standards
Fair
Some financial ratios approaching limits
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
Compliance History
Doubtfulnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Purify Your IEP Dividends
4.4% non-compliant incomeIEP has 4.4% prohibited income. Calculate exactly how much of your dividends to donate.
Financial Overview
Market Cap
5.1B
Price
$7.53
Sector
Industrials
Industry
Conglomerates
More Industrials Stocks
Track IEP and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.