Is L'Air Liquide S.A. (AIQUY) halal? Halal. Based on AAOIFI screening, L'Air Liquide S.A. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

AIQUY: Is L'Air Liquide S.A. Halal?
HalalL'Air Liquide S.A.
$38.51
+0.13%
About L'Air Liquide S.A.
L'Air Liquide S.A., established in Paris, France, in 1902, is a worldwide leader in providing essential industrial and medical gases, cutting-edge technologies, and specialized services. Its operations extend across Europe, the Americas, Asia Pacific, the Middle East, and Africa. Through its Gas & Services division, the company delivers fundamental industrial gases, including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, to heavy industries such as metallurgy, chemical processing, refining, and energy. This segment also provides a broad array of gases, application-specific equipment, and associated support to diverse sectors like materials and energy, automotive, manufacturing, food and pharmaceuticals, technology and research, as well as independent businesses and retailers. In the healthcare domain, L'Air Liquide furnishes medical gases, hygiene products, vital equipment, and care services to hospitals and for patients receiving home care. Additionally, it manufactures and distributes specialized healthcare ingredients essential for the cosmetics, pharmaceutical, and vaccine markets. Crucially, it supplies gases, materials, and services integral to the production of semiconductors, flat panel displays, and photovoltaic cells. The Engineering & Construction arm focuses on the design, development, and construction of industrial gas production facilities, both for internal use and for external clients. It further specializes in designing and building plants tailored for various energy sectors, encompassing traditional, renewable, and alternative sources. Finally, the Global Markets & Technologies segment is dedicated to developing and deploying advanced technological solutions, including specialized molecules, equipment, and services. These innovations primarily support the global energy transition, with a strong focus on sustainable transport, energy generation, and waste valorization. This segment also engages in deep technological ventures, aiding endeavors in space exploration, aerospace, and large-scale scientific initiatives. Committed to fostering clean mobility, it invests in biomethane production facilities and establishes distribution networks for natural bio-gas for vehicles and hydrogen for transport. Furthermore, it manages biomethane production specifically for the maritime industry and supplies gases to offshore oil and gas platforms, wind turbines, and for cryogenic shipping operations.
Sector: Basic Materials 路 Industry: Chemicals - Specialty
Shariah Compliance Status
Very Good
Strong compliance across all metrics
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
Halal, unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
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Financial Overview
Market Cap
122.6B
Price
$38.51
Sector
Basic Materials
Industry
Chemicals - Specialty
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.
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.