Chart Industries, Inc.

GTLS: Is Chart Industries, Inc. Halal?

Chart Industries, Inc.

NYSEIndustrialsUS

$209.90

-0.00%

Market Cap: 10.0B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Chart Industries, Inc. (GTLS) halal? Not Halal. Based on AAOIFI screening, Chart Industries, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

36.4% of 30.0% limit

What this means for you

Most scholars advise not holding GTLS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Chart Industries, Inc.

Chart Industries, Inc. is a global manufacturer and distributor of highly engineered equipment, primarily catering to the energy and industrial gas sectors. Its operations are organized into four distinct segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing. The company delivers a full spectrum of cryogenic solutions for the storage, transportation, vaporization, and end-use application of industrial gases, available in both bulk and packaged forms. For liquefied natural gas (LNG) applications, Chart provides critical infrastructure components such as cryogenic trailers, ISO containers, large-scale storage tanks, loading facilities, and regasification units, enabling what are known as "virtual pipeline" systems. It also supplies substantial vacuum insulated storage tanks for clients acquiring standard liquefaction plants. Chart is also a key provider of advanced process technology and essential equipment for LNG projects, ranging from small to mid-scale installations and floating LNG platforms to extensive base-load export facilities. Its heat transfer product line encompasses brazed aluminum and Core-in-Kettle heat exchangers, cold boxes, air-cooled heat exchangers, pressure vessels, and associated pipework. Additionally, the company offers air-cooled heat exchangers and axial cooling fans used in diverse fields such as power generation, heating, ventilation, air conditioning (HVAC), and refining. Furthermore, Chart engineers highly specialized equipment for a broad array of niche markets, including hydrogen, biogas, carbon dioxide (CO2) capture, food and beverage processing, aerospace, laser technology, cannabis production, and water treatment, in addition to LNG applications. The cryogenic components portfolio features vacuum insulated pipes, specialized liquid nitrogen equipment, various end-use devices, and cryogenic flow meters. Beyond equipment, Chart offers a comprehensive suite of services, including extended warranties, plant commissioning, spare parts provision, 24/7 technical support, system monitoring and process optimization, repair, routine maintenance, and upgrading. They also deliver specialized plant services for key components like brazed aluminum heat exchangers and cold boxes. Through a network of service locations, the company handles the installation, ongoing service, repair, maintenance, and refurbishment of cryogenic products, alongside providing equipment leasing solutions. Founded in 1859, Chart Industries, Inc. maintains its headquarters in Ball Ground, Georgia.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Chart Industries, Inc. (GTLS) halal to invest in?
Chart Industries, Inc. (GTLS) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Chart Industries, Inc. get a F compliance rating?
Chart Industries, Inc. (GTLS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 36.4% (limit 30%); interest-bearing deposits of 3.6% (limit 30%); prohibited income of 0.19% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Chart Industries, Inc.'s Shariah verdict?
Chart Industries, 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 Chart Industries, Inc. re-screened for Shariah compliance?
Chart Industries, Inc. (GTLS) 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: Jul 17, 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.