Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is CRH plc (CRH) Halal?

FAIL

CRH plc · NYSE: CRH · Materials

The short answer

No -- CRH plc (CRH) fails this Shariah stock screen at the debt gate. Per its own FY2025 10-K, CRH's $19,171M of interest-bearing debt (long-term debt $16,478M, current portion $1,175M, plus $1,518M of operating lease liabilities) is about 35.11% of its ~$54.60B market cap ($81.70, latest close retrieved October 2, 2026), above the ~33% ceiling. Its business activity passes: it is a Dublin-based building-materials producer (aggregates, cement, concrete, asphalt, engineered building products) with no conventional lending, insurance, alcohol, gambling, pork, tobacco or weapons involvement. Its non-compliant income gate passes too: separately disclosed interest income of $146M is only about 0.39% of its $37,447M in revenue, under the 5% ceiling. Musaffa rates CRH halal (October 2026) and ShariaPortfolio calls it Shariah Compliant (5/5); Zoya's CRH page showed a blank assessment date when accessed, so no firm Zoya rating can be cited. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

CRH plc (NYSE: CRH), based in Dublin, Ireland, describes itself in its FY2025 10-K as the leading provider of building materials critical to modernizing infrastructure, with 83,032 people across 3,961 locations. Its three reporting segments are Americas Materials Solutions (45% of 2025 revenue; aggregates, cementitious materials, readymixed concrete, asphalt and paving services), Americas Building Solutions (19%; value-added engineered building products for transportation, water, energy, telecoms, reindustrialization and data-center projects), and International Solutions (36%; integrated building materials across Europe and Australia). Business screen (factual, from the filing): none of CRH's business lines involves conventional lending or insurance, alcohol, gambling, pork, tobacco or weapons -- the core business is compliant, so Gate 1 passes. Facts only.

Gate 2 — Debt and cash: FAIL

Per CRH's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $19,171M -- long-term debt of $16,478M, current portion of long-term debt of $1,175M, and operating lease liabilities of $1,518M ($286M current + $1,232M noncurrent) from the consolidated balance sheet. Against a market cap of about $54.60B ($81.70 latest close retrieved October 2, 2026; 668,250,818 shares outstanding per the 10-K cover as of February 4, 2026), debt divided by market cap is about 35.11% -- above the ~33% ceiling. Gate 2 fails. Cash and cash equivalents of $4,096M are about 7.50% of market cap ($51M of restricted cash excluded). Facts only.

Gate 3 — Non-compliant income: PASS

CRH's FY2025 10-K income statement separately discloses interest income of $146M against total revenues of $37,447M -- about 0.39% of revenue, well under the 5% non-compliant income ceiling. Interest expense of $810M is a cost, not non-compliant income. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does CRH do?

CRH plc (NYSE: CRH), based in Dublin, Ireland, describes itself in its FY2025 10-K as the leading provider of building materials critical to modernizing infrastructure, with 83,032 people across 3,961 locations. Its connected portfolio supplies aggregates, cementitious materials, readymixed concrete, asphalt and value-added building products across the construction value chain. It is organized into three segments: Americas Materials Solutions (45% of 2025 revenue; aggregates, cement, readymixed concrete, asphalt, paving services), Americas Building Solutions (19%; engineered building products for infrastructure, water, energy, telecoms and data centers), and International Solutions (36%; building materials across Europe and Australia). None of its business lines involves conventional lending or insurance, alcohol, gambling, pork, tobacco or weapons.

Why does CRH fail this Shariah stock screen?

CRH fails this screen at the financial-ratio gate, not the business-activity gate. Its core business -- building materials -- is a compliant business activity with no conventional lending, insurance, alcohol, gambling, pork, tobacco or weapons involvement, so Gate 1 passes. But its interest-bearing debt of $19,171M (long-term debt $16,478M, current portion $1,175M, plus operating lease liabilities of $1,518M) against a market cap of about $54.60B is about 35.11% of market cap, above the ~33% ceiling, so Gate 2 fails. Its interest income of $146M is only about 0.39% of its $37,447M in revenue, so Gate 3 passes. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is CRH's interest-bearing debt ratio?

Per CRH's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $19,171M -- long-term debt of $16,478M, current portion of long-term debt of $1,175M, and operating lease liabilities of $1,518M ($286M current + $1,232M noncurrent) from the consolidated balance sheet. Against a market cap of about $54.60B ($81.70 latest close retrieved October 2, 2026; 668,250,818 shares outstanding per the 10-K cover as of February 4, 2026), debt divided by market cap is about 35.11% -- above the ~33% ceiling, so Gate 2 fails. Cash and cash equivalents of $4,096M are about 7.50% of market cap ($51M of restricted cash excluded).

What is CRH's non-compliant income ratio?

CRH's FY2025 10-K income statement separately discloses interest income of $146M against total revenues of $37,447M -- about 0.39% of revenue, well under the 5% non-compliant income ceiling. Interest expense was $810M, but that is a cost, not non-compliant income. Gate 3 passes.

Do Zoya, Musaffa, or ShariaPortfolio cover CRH?

Musaffa covers CRH and classifies it as halal as of October 2026 under its AAOIFI methodology (musaffa.com/stock/CRH/). ShariaPortfolio has a CRH screener page stating CRH PLC is Shariah Compliant and passes 5/5 of the Shariah standards it screens against. Zoya's CRH page was rendered with a blank assessment date when accessed in October 2026 and showed contradictory template phrasing, so no firm Zoya rating can be cited. All three coverage statements are honestly reported. Note that this page's own screen reaches a FAIL result at Gate 2 using its debt-to-market-cap methodology -- a factual difference in screening, not a religious ruling.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).