What is Olin Corporation's Shariah compliance score?

Olin Corporation's (OLN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Olin Corporation pass AAOIFI screening?

Olin Corporation (OLN) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (OLN: 120.4%), (3) interest-bearing deposits below 30% (OLN: 7.0%), and (4) prohibited income below 5% (OLN: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Olin Corporation stock?

Olin Corporation (OLN) has a non-permissible income ratio of 0.07%. Muslim investors should purify this percentage of any dividends received and capital gains realized from OLN shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Olin Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Olin Corporation (OLN) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about OLN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OLN: Is Olin Corporation Halal?

Olin Corporation

NYSEBasic MaterialsUS

$20.68

+2.43%

Market Cap: 2.4B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Olin Corporation (OLN) halal? Not Halal. Based on AAOIFI screening, Olin Corporation has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

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

120.4% of 30.0% limit

What this means for you

Most scholars advise not holding OLN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Olin Corporation

Olin Corporation is a global producer and supplier of chemical products, serving markets across the United States, Europe, and internationally. The company's operations are divided into three distinct business segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment provides a comprehensive range of fundamental industrial chemicals. These include chlorine and caustic soda, key vinyl compounds such as ethylene dichloride and vinyl chloride monomers, and various chlorinated organic compounds like methyl chloride, methylene chloride, chloroform, carbon tetrachloride, and perchloroethylene. This division also supplies essential substances including hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and sodium hypochlorite, alongside chlorinated organic intermediates and solvents, which underpin numerous industrial processes. The Epoxy segment specializes in epoxy materials and their foundational precursors. This encompasses aromatics like acetone, bisphenol, cumene, and phenol, in addition to allyl chloride, epichlorohydrin, and glycerin, which are critical for manufacturers producing polymers, resins, plastics, and for water purification applications. The segment further offers liquid and solid epoxy resins, integral to products such as adhesives, marine applications, protective coatings, composites, and flooring. Moreover, it supplies converted epoxy resins and additives that find utility in electrical laminates, paints, coatings, wind turbine blades, electronics, and diverse construction projects. The Winchester segment is responsible for a broad portfolio of ammunition products. Its offerings span from sporting ammunition—including shotshells, small-caliber centerfire, and rimfire ammunition for hunters, recreational shooters, and law enforcement agencies—to small-caliber military ammunition designed for infantry and mounted weaponry. Additionally, this segment produces industrial products like gauge loads and powder-actuated tool loads, vital for maintenance in the power and concrete industries, as well as for powder-actuated tools in construction. Olin markets its products through its dedicated sales force, directly to industrial clients, mass merchants, retailers, wholesalers, and other distributors. The company also serves the U.S. Government and its primary contractors. Founded in 1892, Olin Corporation's corporate headquarters are located in Clayton, Missouri.

Sector: Basic Materials · Industry: Chemicals - Specialty

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited activity detected: ammunition

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

NWPXA+

NWPX Infrastructure, Inc.

$120.30

-0.24%

CRMLA+

Critical Metals Corp.

$10.15

+0.79%

GROYA+

Gold Royalty Corp.

$3.22

-1.44%

IDRA+

Idaho Strategic Resources, Inc.

$35.44

-1.80%

HLA+

Hecla Mining Company

$15.40

-0.90%

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DOW

Dow Inc.

Free · No credit card required

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Frequently Asked Questions

Is Olin Corporation (OLN) halal to invest in?

Olin Corporation (OLN) 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 Olin Corporation get a F compliance rating?

Olin Corporation (OLN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 120.4% (limit 30%); interest-bearing deposits of 7.0% (limit 30%); prohibited income of 0.07% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Olin Corporation's Shariah verdict?

Olin Corporation'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 Olin Corporation re-screened for Shariah compliance?

Olin Corporation (OLN) 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 18, 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.