Linde Plc

LIN
Passed

Company Overview

Linde Plc is a global industrial gases and engineering company. It designs and builds equipment that produces industrial gases. The company also offers gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants. Its primary products are atmospheric gases and process gases. The company operates through the following reportable segments: Americas, EMEA APAC and Engineering. The Americas segment operates production facilities primarily in the United Sates, Canada, Mexico and Brazil. The EMEA segment has production facilities primarily in Germany, France, Sweden, the Republic of South Africa, and the United Kingdom. The APAC segment has production facilities located primarily in China, Australia, India, South Korea and Thailand. The Engineering segment designs and constructs turnkey process plants for third-party customers as well as for the gases businesses in many locations worldwide. Linde was founded by Carl Paul Gottfried von Lind in 1879 and is headquartered in Woking, the United Kingdom.

Country
US
Market Cap
$195.56B
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
0.45% passed
5% Threshold
0.5%
Liabilities Compliance
10.39% passed
33% Threshold
10.4%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Linde Plc
Ticker LIN
Main Business Specialty Chemicals
Type Common Stock
Industry Specialty Chemicals
Country US
Market Cap $195.56 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Americas $13,870.0 $0.0 -
Europe/Middle East/Africa (EMEA) $8,440.0 $0.0 -
Asia/South Pacific (APAC) $6,480.0 $0.0 -
Engineering $2,760.0 $0.0 -
Other $1,810.0 $0.0 -
Interest income $152.0 $152.0 -
Total $33,512.0 $152.0 0.45% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $6,200,000,000.0 3.17%
long term debt and capital lease obligation $14,110,000,000.0 7.22%
derivative product liabilities $6,000,000.0 0.00%
Total Interest-Bearing Debt $20,316,000,000.0 10.39%
Market Capitalization $195,563,673,600.0 100.00%
Compliance Status Threshold: 33% passed