Is O-I Glass, Inc. /DE/ (OI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 286.0% / 30% | 43.4% / 30% | 34.4% / 30% | 4.81% / 5% | ✗ NOT HALAL |
| DJIM | 286.0% / 33% | 43.4% / 33% | 34.4% / 33% | 4.81% / 5% | ✗ NOT HALAL |
| MSCI | 54.1% / 33% | 8.2% / 33% | 6.5% / 33% | 4.81% / 5% | ✗ NOT HALAL |
| S&P | 286.0% / 33% | 43.4% / 33% | 34.4% / 33% | 4.81% / 5% | ✗ NOT HALAL |
| FTSE | 54.1% / 33% | 8.2% / 33% | 6.5% / 50% | 4.81% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.3% | |
| Operating Margin | 5.6% | |
| Net Margin | -2.0% | |
| Return on Equity (ROE) | -7.8% | |
| Return on Assets (ROA) | 4.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $600M |
| Free Cash Flow | $168M |
| Total Debt | $5.0B |
| Debt-to-Equity | 359.5 |
| Current Ratio | 1.2 |
| Total Assets | $9.2B |
Price & Trading
| Last Close | $10.52 |
| 50-Day MA | $13.59 |
| 200-Day MA | $13.62 |
| Avg Volume | 2.1M |
| Beta | 0.8 |
|
52-Week Range
$9.23
| |
About O-I Glass, Inc. /DE/ (OI)
O-I Glass, Inc., through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, teas, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. The company was formerly known as Owens-Illinois, Inc. and changed its name to O-I Glass, Inc. in December 2019. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.
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Frequently Asked Questions
Is O-I Glass, Inc. /DE/ (OI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), O-I Glass, Inc. /DE/ 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 O-I Glass, Inc. /DE/'s debt ratio?
O-I Glass, Inc. /DE/'s debt ratio is 286.0% 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 54.1%.
What are O-I Glass, Inc. /DE/'s key financial metrics?
O-I Glass, Inc. /DE/ has a market capitalization of $1.6B, and revenue of $6.4B. The company maintains a gross margin of 17.3% and a net margin of -2.0%. Return on equity stands at -7.8%.
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.