
Is Carlisle Cos (CSL) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Carlisle Cos., Inc. (CSL) passes all four screens as of September 2026, with a dividend purification factor of 99.58%.
Carlisle Cos is a diversified manufacturing firm known for its wide array of products across multiple industries. Primarily, the company focuses on producing engineered materials and products, with a strong emphasis on the construction and building materials sector through its roofing and waterproofing offerings. With operations spanning across North America, Europe, and Asia, Carlisle serves numerous end markets including commercial roofing, architectural metal, fluid handling, and aerospace technologies. For Muslim investors, though, the most pressing question is simpler: is Carlisle Cos a Halal investment?
Is Carlisle Cos Shariah compliant?
For industrial companies like Carlisle Cos, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Carlisle Cos pass the business activity test?
Yes. In the September 2026 screening Carlisle Cos holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Carlisle Cos' income Halal?
Yes, within AAOIFI's tolerance. Carlisle Cos' income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 99.58% tells holders of CSL what share of each dividend to keep and what remainder to donate to charity.
Does Carlisle Cos meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CSL re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



