Is CARRIER GLOBAL Corp (CARR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.1% / 30% | 3.2% / 30% | 5.4% / 30% | 0.43% / 5% | ✓ HALAL |
| DJIM | 25.1% / 33% | 3.2% / 33% | 5.4% / 33% | 0.43% / 5% | ✓ HALAL |
| MSCI | 32.9% / 33% | 4.2% / 33% | 7.1% / 33% | 0.43% / 5% | ✓ HALAL |
| S&P | 25.1% / 33% | 3.2% / 33% | 5.4% / 33% | 0.43% / 5% | ✓ HALAL |
| FTSE | 32.9% / 33% | 4.2% / 33% | 7.1% / 50% | 0.43% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 26.1% | |
| Operating Margin | 1.9% | |
| Net Margin | 6.8% | |
| Return on Equity (ROE) | 10.9% | |
| Return on Assets (ROA) | 3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.5B |
| Free Cash Flow | $2.1B |
| Total Debt | $12.3B |
| Debt-to-Equity | 87.7 |
| Current Ratio | 1.2 |
| Total Assets | $37.2B |
Price & Trading
| Last Close | $54.67 |
| 50-Day MA | $60.21 |
| 200-Day MA | $61.70 |
| Avg Volume | 7.2M |
| Beta | 1.3 |
|
52-Week Range
$50.24
| |
About CARRIER GLOBAL Corp (CARR)
Carrier Global Corporation provides intelligent climate and energy solutions in the United States, Europe, the Asia Pacific, and internationally. It operates through four segments: Climate Solutions Americas; Climate Solutions Europe; Climate Solutions Asia Pacific, Middle East & Africa; and Climate Solutions Transportation. The company provides air conditioners, heating systems, heat pumps, home and building energy management systems, automation systems, aftermarket components, and repair and maintenance and rental services, as well as modernization and upgrades to meet the heating, cooling, and ventilation needs of residential and commercial customers. It also offers transport refrigeration and monitoring products, services, and digital solutions for trucks, trailers, shipping containers, and intermodal and rail applications. The company offers its products under the Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, Carrier Transicold, and Sensitech brands. The company was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.
Purification Calculator
As a halal stock with 0.43% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CARRIER GLOBAL Corp (CARR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CARRIER GLOBAL Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CARRIER GLOBAL Corp's debt ratio?
CARRIER GLOBAL Corp's debt ratio is 25.1% 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 32.9%.
Does CARRIER GLOBAL Corp require dividend purification?
Yes, CARRIER GLOBAL Corp has an impermissible income ratio of 0.43%, which means 0.43% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are CARRIER GLOBAL Corp's key financial metrics?
CARRIER GLOBAL Corp has a market capitalization of $45.3B, trailing P/E ratio of 32.1, and revenue of $21.7B. The company maintains a gross margin of 26.1% and a net margin of 6.8%. Return on equity stands at 10.9%.
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.