Is CLEAN HARBORS INC (CLH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 20.1% / 30% | 6.3% / 30% | 8.0% / 30% | 0.43% / 5% | ✓ HALAL |
| DJIM | 20.1% / 33% | 6.3% / 33% | 8.0% / 33% | 0.43% / 5% | ✓ HALAL |
| MSCI | 39.8% / 33% | 12.5% / 33% | 15.8% / 33% | 0.43% / 5% | ✗ NOT HALAL |
| S&P | 20.1% / 33% | 6.3% / 33% | 8.0% / 33% | 0.43% / 5% | ✓ HALAL |
| FTSE | 39.8% / 33% | 12.5% / 33% | 15.8% / 50% | 0.43% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 31.3% | |
| Operating Margin | 10.6% | |
| Net Margin | 6.5% | |
| Return on Equity (ROE) | 14.7% | |
| Return on Assets (ROA) | 5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $867M |
| Free Cash Flow | $438M |
| Total Debt | $3.0B |
| Debt-to-Equity | 117.7 |
| Current Ratio | 2.3 |
| Total Assets | $7.6B |
Price & Trading
| Last Close | $282.85 |
| 50-Day MA | $276.73 |
| 200-Day MA | $244.13 |
| Avg Volume | 493K |
| Beta | 0.9 |
|
52-Week Range
$178.29
| |
About CLEAN HARBORS INC (CLH)
Clean Harbors, Inc. provides environmental and industrial services in the United States and Canada. The company operates through two segments: Environmental Services and Safety-Kleen Sustainability Solutions. The Environmental Services segment collects, transports, treats, recycles, and disposes hazardous and non-hazardous waste, such as resource recovery, physical treatment, incineration, landfill disposal, wastewater treatment, lab chemicals disposal, and explosives management services; and offers CleanPack services, including collection, identification, categorization, specialized packaging, transportation, and disposal of laboratory chemicals and household hazardous waste. This segment also provides industrial maintenance and specialty industrial services; and utilizes specialty equipment and resources that perform field services. The Safety-Kleen Sustainability Solutions segment provides containerized waste, parts-washer, and vacuum services for automobile repair shops, car and truck dealers, metal fabricators, machine manufacturers, fleet maintenance shops, and other automotive, industrial, and retail customers; collects and transports for hazardous and non-hazardous containerized waste for recycling or disposal; machine cleaning and maintenance, and disposal and replenishment of clean solvent or aqueous fluids; and vacuum services to remove solids, residual oily water, and sludge and other fluids from customers' oil/water separators, sumps, and collection tanks, as well as removes and collects waste fluids found at large and small industrial locations, including metal fabricators, auto maintenance providers, and general manufacturers. This segment also manufactures, formulates, and packages lubricants and other products. Clean Harbors, Inc. was incorporated in 1980 and is headquartered in Norwell, Massachusetts.
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 CLEAN HARBORS INC (CLH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CLEAN HARBORS INC 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 CLEAN HARBORS INC's debt ratio?
CLEAN HARBORS INC's debt ratio is 20.1% 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 39.8%.
Does CLEAN HARBORS INC require dividend purification?
Yes, CLEAN HARBORS INC 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 CLEAN HARBORS INC's key financial metrics?
CLEAN HARBORS INC has a market capitalization of $14.9B, trailing P/E ratio of 38.3, and revenue of $6.0B. The company maintains a gross margin of 31.3% and a net margin of 6.5%. Return on equity stands at 14.7%.
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.