Is CSX Corporation (CSX) halal?
CSX Corporation is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 21.6% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% of revenue (limit 5%).
The AAOIFI financial screen
| Test | Result | Limit | Status |
|---|---|---|---|
| Interest-bearing debt ÷ market capitalisation | 21.6% | < 30% | Within limit |
| Non-permissible income ÷ revenue | 0.3% | < 5% | Within limit |
Purification
Even a compliant company earns a little interest. About 0.3% of CSX Corporation's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.3% of each dividend. Open the full analysis for the amount per share.
About CSX Corporation
CSX Corporation is a transportation company focused on rail-based freight services across North America. The company operates a major rail network that connects key population centers in the Eastern United States with ports, distribution centers, and industrial hubs, supporting the movement of merchandise, intermodal containers, coal, agricultural products, automotive shipments, and other bulk commodities. Through its rail and intermodal operations, CSX provides core…
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Frequently asked questions
Is CSX Corporation (CSX) halal?
CSX Corporation is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 21.6% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% of revenue (limit 5%).
What makes a stock halal or haram?
Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.
How much of CSX Corporation's dividends should be purified?
About 0.3% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.
How often is this updated?
Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.