
Is Clean Harbors (CLH) stock Halal?
September 2026 AAOIFI screening result for Clean Harbors, Inc. (CLH): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 99.79%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Clean Harbors is a leading provider of environmental and industrial services throughout North America. The company primarily focuses on hazardous waste management, offering a comprehensive range of services including the collection, transportation, treatment, recycling, and disposal of hazardous materials. Clean Harbors operates one of the largest networks of hazardous waste disposal facilities and service centers across the continent, emphasizing its commitment to environmental responsibility and sustainability. Before any of that matters to a Muslim investor, one question comes first: is Clean Harbors stock Halal?
Is Clean Harbors Shariah compliant?
Industrial businesses like Clean Harbors usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Clean Harbors pass the business activity test?
Yes. In the September 2026 screening Clean Harbors 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 Clean Harbors' income Halal?
Yes, within AAOIFI's tolerance. Clean Harbors' 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 99.79% tells holders of CLH what share of each dividend to keep and what remainder to donate to charity.
Does Clean Harbors 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 CLH 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?



