What is Otis Worldwide Corporation's Shariah compliance score?

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

Does Otis Worldwide Corporation pass AAOIFI screening?

Otis Worldwide Corporation (OTIS) 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% (OTIS: 30.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Otis Worldwide Corporation stock?

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 exact percentage and amount for Otis Worldwide Corporation (OTIS) using the latest financial data.

Where can I screen Otis Worldwide Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Otis Worldwide Corporation (OTIS) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about OTIS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OTIS: Is Otis Worldwide Corporation Halal?

Otis Worldwide Corporation

NYSEIndustrialsUS

$71.74

+0.36%

Market Cap: 27.3B

Compliance Status

Not Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Otis Worldwide Corporation (OTIS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/OTIS

AvoidBorderlineClean

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%.

30.1% of 30.0% limit

What this means for you

Most scholars advise not holding OTIS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Otis Worldwide Corporation

Otis Worldwide Corporation is a global leader specializing in the manufacturing, installation, and servicing of elevators and escalators, with significant operations in the United States, China, and numerous other international markets. The company's business is organized into two primary divisions: New Equipment and Service. Its New Equipment segment is responsible for the design, fabrication, sale, and fitting of a diverse array of passenger and freight elevators, escalators, and moving walkways, catering to residential and commercial properties, as well as large-scale infrastructure endeavors. Conversely, the Service segment offers extensive maintenance, repair, and modernization services aimed at upgrading existing elevator and escalator systems. Otis maintains a substantial global service footprint, employing approximately 34,000 service technicians across roughly 1,400 branches and offices. The company, established in 1853, is headquartered in Farmington, Connecticut.

Sector: Industrials · Industry: Industrial - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 2026

Compliance History

Not Halalnow
since Aug 2026
Doubtful
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Industrials

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

0064.KLA+

Efficient E-Solutions Berhad

$0.09

-0.06%

0122.KLA+

Advance Information Marketing Berhad

$0.06

+0.00%

0133.KLA+

Sanichi Technology Berhad

$0.09

+0.21%

0199.KLA+

Tri-Mode System (M) Berhad

$0.17

+0.00%

0217.KLA+

Powerwell Holdings Berhad

$1.02

+0.00%

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Free · No credit card required

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Frequently Asked Questions

Is Otis Worldwide Corporation (OTIS) halal to invest in?

Otis Worldwide Corporation (OTIS) 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 Otis Worldwide Corporation get a F compliance rating?

Otis Worldwide Corporation (OTIS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 30.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Otis Worldwide Corporation's Shariah verdict?

Otis Worldwide 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 Otis Worldwide Corporation re-screened for Shariah compliance?

Otis Worldwide Corporation (OTIS) 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: Aug 29, 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.