Is ICAHN ENTERPRISES L.P. (IEP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 139.9% / 30% | 100.9% / 30% | 43.3% / 30% | 4.82% / 5% | ✗ NOT HALAL |
| DJIM | 139.9% / 33% | 100.9% / 33% | 43.3% / 33% | 4.82% / 5% | ✗ NOT HALAL |
| MSCI | 41.8% / 33% | 30.2% / 33% | 13.0% / 33% | 4.82% / 5% | ✗ NOT HALAL |
| S&P | 139.9% / 33% | 100.9% / 33% | 43.3% / 33% | 4.82% / 5% | ✗ NOT HALAL |
| FTSE | 41.8% / 33% | 30.2% / 33% | 13.0% / 50% | 4.82% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.8% | |
| Operating Margin | 7.4% | |
| Net Margin | -3.1% | |
| Return on Equity (ROE) | -8.1% | |
| Return on Assets (ROA) | -0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$313M |
| Free Cash Flow | -$654M |
| Total Debt | $6.6B |
| Debt-to-Equity | 207.2 |
| Current Ratio | 1.9 |
| Total Assets | $14.2B |
Price & Trading
| Last Close | $7.66 |
| 50-Day MA | $7.86 |
| 200-Day MA | $8.23 |
| Avg Volume | 1.0M |
| Beta | 0.8 |
|
52-Week Range
$7.08
| |
About ICAHN ENTERPRISES L.P. (IEP)
Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally. The Investment segment invests its proprietary capital through various private investment funds; and it provides investment advisory, administrative, and back-office services to the investment funds. The Energy segment engages in refining and marketing petroleum in the form of gasoline, diesel, jet fuel, and distillates; renewable fuels business refines renewable feedstocks, such as soybean oil, corn oil, and other related renewable feedstocks into renewable diesel and markets renewable products; and nitrogen fertilizer business produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia. The Automotive segment engages in repair and maintenance of automotive; sale of installed parts or materials related to automotive services; and sale of automotive aftermarket parts and retailed merchandise. The Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings used to prepare and pack processed meat products. The Real Estate segment consists of investment properties, including land, retail, office, and industrial properties; and development and sale of single-family homes; and the operations of a resort and two country clubs. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. The Pharma segment offers pharmaceutical products and services; and develops approved therapies and product candidates. Icahn Enterprises L.P. was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
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Frequently Asked Questions
Is ICAHN ENTERPRISES L.P. (IEP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ICAHN ENTERPRISES L.P. 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 ICAHN ENTERPRISES L.P.'s debt ratio?
ICAHN ENTERPRISES L.P.'s debt ratio is 139.9% 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 41.8%.
What are ICAHN ENTERPRISES L.P.'s key financial metrics?
ICAHN ENTERPRISES L.P. has a market capitalization of $4.7B, and revenue of $9.3B. The company maintains a gross margin of 8.8% and a net margin of -3.1%. Return on equity stands at -8.1%.
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.