
Is LyondellBasell Industries (LYB) stock Halal?
September 2026 AAOIFI screening result for LyondellBasell Industries NV (LYB): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. LyondellBasell Industries NV is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
LyondellBasell Industries operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Before any of that matters to a Muslim investor, one question comes first: is LyondellBasell Industries stock Halal?
Is LyondellBasell Industries Shariah compliant?
For a resources company like LyondellBasell Industries, AAOIFI Shariah Standard No. 21 has little quarrel with the product; the scrutiny falls on the financing. Heavy machinery and long project cycles are usually funded with debt, and the standard tolerates interest bearing borrowing only below 30% of market capitalisation.
Does LyondellBasell Industries pass the business activity test?
The activity screen is only part of the picture this month: LyondellBasell Industries currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The activity itself, extracting and selling resources, raises no Shariah objection; the scrutiny belongs to the financing.
Is LyondellBasell Industries' income Halal?
Yes, within AAOIFI's tolerance. LyondellBasell Industries' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does LyondellBasell Industries meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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?



