Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Ingersoll Rand Inc. (IR) Halal?

PASS

Ingersoll Rand Inc. · NYSE: IR · Industrials

The short answer

Yes -- Ingersoll Rand Inc. (IR) passes this Shariah stock screen. Per its FY2025 10-K, its core business is designing and manufacturing industrial flow-creation equipment -- compressors, pumps, vacuum and blower products, power tools -- which is not one of the non-compliant business activities, so the business-activity gate passes. Its interest-bearing debt of $4,784.7M is about 16.24% of its ~$29.47B market cap ($75.25, latest close retrieved October 2, 2026), below the ~33% ceiling, so the debt gate passes. Its separately disclosed interest income of $30.0M is about 0.39% of its $7,650.9M in revenue, below the 5% ceiling, so the non-compliant income gate passes. Third-party screeners agree: Zoya flags IR as Shariah-compliant and Musaffa classifies it as halal (October 2026); ShariaPortfolio has no IR coverage. All three are honestly reported. All figures come directly from the filed 10-K, not estimates.

Gate 1 — Business activity: PASS

Ingersoll Rand Inc. (NYSE: IR), based in Davidson, North Carolina, describes itself in its FY2025 10-K as a diversified global provider of mission-critical flow creation products, industrial and life science solutions -- one of the broadest ranges of compressor, pump, vacuum and blower products in its markets, sold under more than 90 brands including Ingersoll Rand and Gardner Denver. It reports two segments: Industrial Technologies and Services (air/gas compression and treatment, vacuum and blower products, fluid transfer, loading systems, power tools and lifting equipment) and Precision and Science Technologies (pumps and liquid handling systems, life science tools and systems). End markets: life sciences, food and beverage production, clean energy, industrial manufacturing, infrastructure, water/wastewater. Business screen (factual, from the filing): none of the core businesses are conventional banking/lending/insurance, alcohol, gambling, pork, tobacco, or weapons manufacturing -- no non-compliant business activity. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Ingersoll Rand's FY2025 10-K (fiscal year ended December 31, 2025, filed February 17, 2026), interest-bearing debt was $4,784.7M -- $1.4M of short-term borrowings and current maturities of long-term debt plus $4,783.3M of long-term debt (senior notes; the company was in compliance with all debt covenants as of Dec 31, 2025). Against a market cap of about $29.47B ($75.25 latest close retrieved October 2, 2026; 391,617,994 shares outstanding per the 10-K cover), debt divided by market cap is about 16.24%, well below the ~33% ceiling. Cash and cash equivalents of $1,248.8M are about 4.24% of market cap; the filing reports no short-term investments line. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Ingersoll Rand's FY2025 10-K separately discloses interest income on cash and cash equivalents of $30.0M (total Other income, net was $44.6M, including this interest income) against revenues of $7,650.9M -- about 0.39% of revenue, well under the 5% non-compliant income ceiling. Note: Zoya's IR page states the company reported $0 interest income for FY2025; this page uses the $30.0M figure directly from the filed 10-K. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does Ingersoll Rand do?

Ingersoll Rand Inc. (NYSE: IR), based in Davidson, North Carolina, describes itself in its FY2025 10-K as a diversified global provider of mission-critical flow creation products, industrial and life science solutions. It reports two segments: Industrial Technologies and Services (air and gas compression and treatment equipment, vacuum and blower products, fluid transfer equipment, loading systems, power tools and lifting equipment, sold under brands including Ingersoll Rand, Gardner Denver, Nash, CompAir and Elmo Rietschle) and Precision and Science Technologies (pumps and liquid handling systems plus life science tools and systems, sold under brands including ARO, Milton Roy, Seepex, Thomas, ILC Dover and Flexan). Its customer end markets include life sciences, food and beverage production, clean energy, industrial manufacturing, infrastructure, and water and wastewater treatment; aftermarket parts, consumables and services were 36.5% of 2025 revenue.

Why does Ingersoll Rand pass this Shariah stock screen?

Ingersoll Rand passes all three gates of this screen. Its core business is designing and manufacturing industrial flow-creation equipment -- compressors, pumps, vacuum and blower products, power tools -- which is not one of the non-compliant business activities (conventional banking/lending/insurance, alcohol, gambling, pork, tobacco, or weapons), so Gate 1 passes. Its interest-bearing debt of $4,784.7M is about 16.24% of its ~$29.47B market cap, below the ~33% ceiling, so Gate 2 passes. Its separately disclosed interest income of $30.0M is about 0.39% of its $7,650.9M in revenue, below the 5% ceiling, so Gate 3 passes. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is Ingersoll Rand's interest-bearing debt ratio?

Per Ingersoll Rand's FY2025 10-K (fiscal year ended December 31, 2025, filed February 17, 2026), interest-bearing debt was $4,784.7M -- $1.4M of short-term borrowings and current maturities of long-term debt plus $4,783.3M of long-term debt, mostly senior notes. Against a market cap of about $29.47B ($75.25 latest close retrieved October 2, 2026; 391,617,994 shares outstanding per the 10-K cover), debt divided by market cap is about 16.24% -- below the ~33% ceiling. Cash and cash equivalents of $1,248.8M are about 4.24% of market cap. The filing reports no short-term investments line. Gate 2 passes. Facts only.

What is Ingersoll Rand's non-compliant income ratio?

Ingersoll Rand's FY2025 10-K income statement and MD&A separately disclose interest income on cash and cash equivalents of $30.0M for FY2025 (total Other income, net was $44.6M, including this interest income). Against revenues of $7,650.9M, that is about 0.39% of revenue -- well under the 5% non-compliant income ceiling. Note that Zoya's IR page separately states the company reported $0 interest income for FY2025; this page uses the $30.0M figure directly from the filed 10-K. Gate 3 passes. Facts only.

Do Zoya, Musaffa, or ShariaPortfolio cover Ingersoll Rand?

Zoya covers IR and flags it as Shariah-compliant under its AAOIFI-based screen (the page's displayed assessment date was blank when accessed in October 2026). Musaffa covers IR and classifies it as halal as of October 2026 under its AAOIFI methodology (musaffa.com/stock/IR/). No ShariaPortfolio page covering Ingersoll Rand (IR) was found. Both third-party assessments are consistent with this page's own PASS outcome. This page applies the screen directly from Ingersoll Rand's own filings and reports these positions honestly.

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).