Is Air Products & Chemicals, Inc. (APD) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 30.4% / 30% | 3.1% / 30% | 3.9% / 30% | 25.88% / 5% | ✗ NOT HALAL |
| DJIM | 30.4% / 33% | 3.1% / 33% | 3.9% / 33% | 25.88% / 5% | ✗ NOT HALAL |
| MSCI | 44.8% / 33% | 4.5% / 33% | 5.7% / 33% | 25.88% / 5% | ✗ NOT HALAL |
| S&P | 30.4% / 33% | 3.1% / 33% | 3.9% / 33% | 25.88% / 5% | ✗ NOT HALAL |
| FTSE | 44.8% / 33% | 4.5% / 33% | 5.7% / 50% | 25.88% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 31.6% | |
| Operating Margin | 24.3% | |
| Net Margin | -2.7% | |
| Return on Equity (ROE) | -1.7% | |
| Return on Assets (ROA) | -1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.3B |
| Free Cash Flow | -$3.8B |
| Total Debt | $18.4B |
| Debt-to-Equity | 102.0 |
| Current Ratio | 1.5 |
| Total Assets | $41.1B |
Price & Trading
| Last Close | $293.17 |
| 50-Day MA | $277.74 |
| 200-Day MA | $273.10 |
| Avg Volume | 1.5M |
| Beta | 0.9 |
|
52-Week Range
$229.11
| |
About Air Products & Chemicals, Inc. (APD)
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company produces atmospheric gases, including oxygen, nitrogen, and argon; process gases, such as hydrogen, helium, carbon dioxide, carbon monoxide, and syngas; and specialty gases for customers in various industries, including refining, chemical, metals, manufacturing, electronics, energy production, medical, food, chemical and petrochemical manufacturing, oil and gas recovery and processing, and steel and primary metals processing. It also designs and manufactures equipment for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and liquid helium and liquid hydrogen transport and storage. Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.
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Frequently Asked Questions
Is Air Products & Chemicals, Inc. (APD) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Air Products & Chemicals, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Air Products & Chemicals, Inc.'s debt ratio?
Air Products & Chemicals, Inc.'s debt ratio is 30.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 44.8%.
What are Air Products & Chemicals, Inc.'s key financial metrics?
Air Products & Chemicals, Inc. has a market capitalization of $65.1B, and revenue of $12.0B. The company maintains a gross margin of 31.6% and a net margin of -2.7%. Return on equity stands at -1.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.