Is UL Solutions Inc. (ULS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.2% / 30% | 1.8% / 30% | 3.8% / 30% | 0.13% / 5% | ✓ HALAL |
| DJIM | 4.2% / 33% | 1.8% / 33% | 3.8% / 33% | 0.13% / 5% | ✓ HALAL |
| MSCI | 23.4% / 33% | 10.1% / 33% | 21.4% / 33% | 0.13% / 5% | ✓ HALAL |
| S&P | 4.2% / 33% | 1.8% / 33% | 3.8% / 33% | 0.13% / 5% | ✓ HALAL |
| FTSE | 23.4% / 33% | 10.1% / 33% | 21.4% / 50% | 0.13% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 49.5% | |
| Operating Margin | 19.3% | |
| Net Margin | 10.6% | |
| Return on Equity (ROE) | 31.0% | |
| Return on Assets (ROA) | 12.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $600M |
| Free Cash Flow | $403M |
| Total Debt | $683M |
| Debt-to-Equity | 52.8 |
| Current Ratio | 1.3 |
| Total Assets | $2.9B |
Price & Trading
| Last Close | $83.75 |
| 50-Day MA | $78.03 |
| 200-Day MA | $75.35 |
| Avg Volume | 1.0M |
|
52-Week Range
$49.93
| |
About UL Solutions Inc. (ULS)
UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building and asset owners, end users, and regulators. The Consumer segment offers safety certification testing, ongoing certification, global market access, testing for connectivity, performance and quality, and critical systems advisory and training services, as well as product market acceptance and risk mitigation services for customers in the consumer products end markets comprising consumer electronics, medical devices, information technologies, appliances, HVAC, lighting, and retail, as well as consumer applications, such as new mobility, smart products, and 5G. The Software and Advisory segment provide software and technical advisory services that enable customers to manage regulatory requirements, deliver supply chain transparency, and operationalize sustainability. It offers ULTRUS, a software that helps customers meet regulatory, supply chain, and sustainability challenges. UL Solutions Inc. was formerly known as UL Inc. and changed its name to UL Solutions Inc. in December 2021. The company was founded in 1894 and is headquartered in Northbrook, Illinois. UL Solutions Inc. operates as a subsidiary of ULSE Inc.
Purification Calculator
As a halal stock with 0.13% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is UL Solutions Inc. (ULS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), UL Solutions 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 UL Solutions Inc.'s debt ratio?
UL Solutions Inc.'s debt ratio is 4.2% 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 23.4%.
Does UL Solutions Inc. require dividend purification?
Yes, UL Solutions Inc. has an impermissible income ratio of 0.13%, which means 0.13% 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 UL Solutions Inc.'s key financial metrics?
UL Solutions Inc. has a market capitalization of $16.9B, trailing P/E ratio of 52.4, and revenue of $3.1B. The company maintains a gross margin of 49.5% and a net margin of 10.6%. Return on equity stands at 31.0%.
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.