What is Air Products and Chemicals, Inc.'s Shariah compliance score?

Air Products and Chemicals, Inc. (APD) has a Shariah compliance score of 74/100 (Grade: B+, Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Air Products and Chemicals, Inc. pass AAOIFI screening?

Air Products and Chemicals, Inc. (APD) is rated Doubtful under AAOIFI Shariah screening, which is neither a clear pass nor a clear fail. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. APD's debt-to-market-cap is 27.0%.

How much purification is needed for Air Products and Chemicals, Inc.?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the percentage and amount for Air Products and Chemicals, Inc. (APD) using the latest financial data.

Where can I screen Air Products and Chemicals, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Air Products and Chemicals, Inc. (APD) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

APDDoubtfulB+

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Compliance Status

Doubtful

Screened on Oct 19, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Air Products and Chemicals, Inc. (APD) halal? Doubtful. Based on AAOIFI screening, Air Products and Chemicals, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 74/100 (Grade: B+).

Quote this verdict

HalalScreener rates Air Products and Chemicals, Inc. (APD) Doubtful, 74/100, grade B+ under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/APD

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

27.0% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

You may own APD, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened APD's prohibited income, but the exact share you would need to purify is part of Pro.

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APD: Is Air Products and Chemicals, Inc. Halal?

Air Products and Chemicals, Inc.

NYSEBasic MaterialsUS

$299.59

+1.01%

Market Cap: 66.7B

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About Air Products and Chemicals, Inc.

Operating globally, Air Products and Chemicals, Inc. (APD) is a prominent supplier of industrial gases, specialized equipment, and associated services. The company's diverse product range includes atmospheric gases such as oxygen, nitrogen, and argon, as well as various process gases like hydrogen, helium, carbon dioxide, carbon monoxide, and syngas. They also provide a selection of specialty gases. APD is involved in the fabrication of crucial machinery for gas production and handling, including air separation units and non-cryogenic generators. These products and services cater to a broad spectrum of industries, including but not limited to refining, chemical processing, gasification, metals production, general manufacturing, food and beverage, electronics, medical imaging, and energy generation. Moreover, the company's capabilities extend to designing and manufacturing advanced systems for air separation, hydrocarbon recovery and purification, the liquefaction of natural gas, and the secure transportation and storage of liquid helium and hydrogen. APD also engages in a strategic partnership with Baker Hughes Company to further innovate hydrogen compression systems. The firm was established in 1940 and is based in Allentown, Pennsylvania.

Sector: Basic Materials · Industry: Chemicals - Specialty

Why This Stock Is Doubtful

Interest-bearing debt is 27.0% of market cap, only 3.0 points below the 30% AAOIFI 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

AAOIFI Standard 21Updated Oct 19, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

Compliance History

Doubtfulnow
since Aug 2026
Halal
until the change above
Doubtful
until the change above
Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q3 2026Data source: EDGAR

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Frequently Asked Questions

Is Air Products and Chemicals, Inc. (APD) halal to invest in?

Air Products and Chemicals, Inc. (APD) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did Air Products and Chemicals, Inc. get a B+ compliance rating?

Air Products and Chemicals, Inc. (APD) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 27.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Air Products and Chemicals, Inc.'s Shariah verdict?

Air Products and Chemicals, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Air Products and Chemicals, Inc. re-screened for Shariah compliance?

Air Products and Chemicals, Inc. (APD) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Oct 19, 2026.

Screened according to AAOIFI Standard No. 21 · 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.