Canadian Halal Investor.

NASDAQ Shariah screener · October 2026

Is Old Dominion Freight Line, Inc. (ODFL) Halal?

PASS

Old Dominion Freight Line, Inc. · NASDAQ: ODFL · Industrials

The short answer

Yes -- Old Dominion Freight Line, Inc. (ODFL) passes this Shariah stock screen at all three gates. Per its own FY2025 10-K, its core business is less-than-truckload freight transportation -- one of the largest North American LTL motor carriers, with more than 98% of revenue historically from transporting LTL shipments -- a permissible business with no involvement in conventional banking or lending, insurance, alcohol, gambling, pork, tobacco, or weapons. Its separately disclosed interest income of $4.145M for FY2025 is about 0.08% of its $5,496.389M in revenue from operations, below the 5% non-compliant income ceiling. Its debt screen passes easily: $141.442M of interest-bearing debt ($39.995M of long-term debt including current maturities plus $101.447M of operating lease liabilities) is about 0.38% of its ~$37.12B market cap ($178.10, latest close retrieved October 2, 2026), below the ~33% ceiling. Both third-party screeners with coverage agree: Zoya flags ODFL Shariah-compliant and Musaffa classifies it halal as of October 2026 -- honestly reported, not invented.

Gate 1 — Business activity: PASS

Old Dominion Freight Line, Inc. (NASDAQ: ODFL), based in Thomasville, North Carolina, describes itself in its FY2025 10-K as one of the largest North American less-than-truckload (LTL) motor carriers, providing regional, inter-regional, and national LTL services through a single integrated, union-free organization, plus expedited transportation. In addition to its core LTL services, it offers container drayage, truckload brokerage, and supply chain consulting. More than 98% of its revenue has historically been derived from transporting LTL shipments. Business screen (factual, from the filing): LTL freight transportation is a permissible business with no involvement in conventional banking/lending, insurance, alcohol, gambling, pork, tobacco, or weapons. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per ODFL's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $141.442M -- $39.995M of long-term debt including current maturities per Note 2 (senior notes; no credit agreement borrowings drawn) plus $101.447M of total operating lease liabilities per the leases note. Against a market cap of about $37.12B ($178.10 latest close retrieved October 2, 2026; 208,425,619 shares outstanding per the 10-K cover), debt divided by market cap is about 0.38%, far below the ~33% ceiling. Cash and cash equivalents of $120.091M are about 0.32% of market cap; the 10-K states the company held no short-term investments as of December 31, 2025. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

ODFL's FY2025 10-K income statement separately discloses interest income of $4.145M (within non-operating income) against revenue from operations of $5,496.389M -- about 0.08% of revenue, far below the 5% non-compliant income ceiling. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does Old Dominion Freight Line do?

Old Dominion Freight Line, Inc. (NASDAQ: ODFL), based in Thomasville, North Carolina, describes itself in its FY2025 10-K as one of the largest North American less-than-truckload (LTL) motor carriers, providing regional, inter-regional, and national LTL services through a single integrated, union-free organization, plus expedited transportation. In addition to its core LTL services, it offers value-added services including container drayage, truckload brokerage, and supply chain consulting. More than 98% of its revenue has historically been derived from transporting LTL shipments for customers across many industries and geographic regions, tied to industrial production and the health of the U.S. domestic economy.

Why does ODFL pass this Shariah stock screen?

Old Dominion passes this screen at all three gates. Per its FY2025 10-K, its core business is less-than-truckload freight transportation -- a permissible business with no involvement in conventional banking or lending, insurance, alcohol, gambling, pork, tobacco, or weapons, so Gate 1 passes. Its interest-bearing debt -- $39.995M of long-term debt (including current maturities, per Note 2) plus $101.447M of total lease liabilities (per the leases note) -- totals $141.442M, about 0.38% of its ~$37.12B market cap, far below the ~33% ceiling, so Gate 2 passes. Its separately disclosed interest income of $4.145M against revenue from operations of $5,496.389M is about 0.08% of revenue, far below the 5% non-compliant income ceiling, so Gate 3 passes. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is ODFL's interest-bearing debt ratio?

Per ODFL's FY2025 10-K (fiscal year ended December 31, 2025, filed February 24, 2026), interest-bearing debt was $141.442M -- $39.995M of long-term debt including current maturities per Note 2 (senior notes, no credit agreement borrowings drawn) plus $101.447M of total operating lease liabilities per the leases note. Against a market cap of about $37.12B ($178.10 latest close retrieved October 2, 2026; 208,425,619 shares outstanding per the 10-K cover), debt divided by market cap is about 0.38% -- far below the ~33% ceiling. Cash and cash equivalents of $120.091M are about 0.32% of market cap; the 10-K states the company held no short-term investments as of December 31, 2025.

What is ODFL's non-compliant income ratio?

ODFL's FY2025 10-K income statement separately discloses interest income of $4.145M (presented within non-operating income) against revenue from operations of $5,496.389M -- about 0.08% of revenue, far below the 5% non-compliant income ceiling. Gate 3 passes.

Do Zoya, Musaffa, or ShariaPortfolio cover ODFL?

Zoya covers ODFL and flags it as Shariah-compliant and considered halal to invest in (the page's displayed assessment date was blank when accessed in October 2026) -- its page independently cites FY2025 revenue of $5,496,389,000 and interest income of $4,145,000. Musaffa covers ODFL and classifies it as halal as of October 2026 under its AAOIFI methodology. No ShariaPortfolio coverage for ODFL was found via web search. All available third-party coverage statements are consistent with this page's own PASS outcome. This page applies the screen directly from ODFL'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).