Is Otis Worldwide Corporation (OTIS) stock halal?

Otis Worldwide Corporation is considered halal under 2 of 5 standards — the scholars disagree. HalalGauge screens OTIS under AAOIFI, Mufti Taqi Usmani, S&P DJIM, Ja'fari and the strict view, citing every threshold to its primary source.

Is OTIS halal under Mufti Taqi Usmani?

Under Mufti Taqi Usmani's methodology, OTIS is not halal. Interest-bearing debt / market cap 30.9% (limit 30%); Illiquid (tangible) assets / total assets 18.0% (limit 20%)

OTIS · Industrials

Otis Worldwide Corporation

Is Otis Worldwide Corporation (OTIS) halal?

Otis Worldwide Corporation is considered halal under 2 of 5 standards — the scholars disagree. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

OTIS verdict by standard · 2 halal · 1 borderline · 2 not halal

AAOIFI Standard
Interest-bearing debt / market cap 30.9% (limit 30%)
Borderline
Mufti Taqi Usmani (stricter Hanafi)
Interest-bearing debt / market cap 30.9% (limit 30%); Illiquid (tangible) assets / total assets 18.0% (limit 20%)
Not halal
Dow Jones Islamic Market
All ratio checks pass.
Halal
Ja'fari (Sistani-aligned)
All ratio checks pass.
Halal
Strict / zero-tolerance
Impermissible income / revenue 0.3% (limit 0%); Interest-bearing debt / market cap 30.9% (limit 0%); Cash + interest-bearing securities / market cap 3.9% (limit 0%)
Not halal

The numbers behind the verdict

Interest-bearing debt / market cap: 30.9%
Cash + securities / market cap: 3.9%
Receivables / market cap: 15.5%
Impermissible income / revenue: 0.3%
Illiquid (tangible) assets / total: 18.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen OTIS interactively See the full balance sheet How the methodologies work

Sources

AAOIFI: AAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds)
Mufti Taqi: Mufti Taqi Usmani — published equity-screening rulings (illiquid-asset rule)
DJIM: S&P Dow Jones Islamic Market Indices — Index Methodology (Shariah Screening)
Ja'fari: Ayatollah Sistani — Code of Practice (sistani.org)
Strict: Minority scholars holding zero-tolerance on riba exposure
Financials: Q1 2026 filing

Other Industrials tickers

Is SPCX halal?Is CAT halal?Is GE halal?Is RTX halal?Is BA halal?Is UNP halal?

HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.