Illinois Tool Works Inc
ITW
Shariah Status:
Company Overview
No company description available.
Country
US
Market Cap
$77.35B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.14%
passed
Liabilities Compliance
10.82%
passed
Final Shariah Status
Passed
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Stock Information
Name | Illinois Tool Works Inc |
Ticker | ITW |
Main Business | Specialty Industrial Machinery |
Type | Common Stock |
Industry | Specialty Industrial Machinery |
Country | US |
Market Cap | $77.35 B |
Shariah Analysis Breakdown
Business Compliance Breakdown
Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
---|---|---|---|
Automotive Original Equipment Manufacturer (OEM) | $2,970.0 | $0.0 | - |
Test & Measurement and Electronics | $2,830.0 | $0.0 | - |
Food Equipment | $2,440.0 | $0.0 | - |
Construction Products | $2,110.0 | $0.0 | - |
Polymers & Fluids | $1,910.0 | $0.0 | - |
Welding | $1,890.0 | $0.0 | - |
Specialty Products | $1,800.0 | $0.0 | - |
Intersegment revenue | $-20.0 | $0.0 | - |
Interest income | $22.0 | $22.0 | - |
Total | $15,952.0 | $22.0 | 0.14% (passed) |