Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Otis Worldwide Corporation (OTIS) Halal?

PASS

Otis Worldwide Corporation · NYSE: OTIS · Industrials

The short answer

Yes -- Otis Worldwide Corporation (OTIS) passes this Shariah stock screen at all three gates. Per its FY2025 10-K, its business is manufacturing, installing, servicing and modernizing elevators, escalators and moving walkways -- a permissible industrial business with no conventional lending/insurance, alcohol, gambling, pork, tobacco or weapons segments. Its interest-bearing debt of $7,956M is about 31.74% of its ~$25.06B market cap ($64.48 latest price retrieved October 2, 2026; 388,720,773 shares outstanding per the 10-K cover), below the ~33% debt ceiling -- though it passes with a thin margin worth watching. It discloses no separate interest income for FY2025 (the "Interest expense (income), net" line of $196M is a net expense), so non-compliant income is 0.00% of $14,431M revenue, under the 5% ceiling. Third-party coverage disagrees: Zoya flags OTIS not Shariah-compliant while Musaffa classifies it halal (October 2026); ShariaPortfolio has no OTIS coverage -- all reported honestly. This is a factual screen, not a religious ruling.

Gate 1 — Business activity: PASS

Otis Worldwide Corporation (NYSE: OTIS), headquartered in Farmington, Connecticut, describes itself in its FY2025 10-K as the world's leading elevator and escalator manufacturing, installation, service and modernization company, serving customers in over 200 countries and territories. Its business is organized into two segments: New Equipment (designs, manufactures, sells and installs passenger and freight elevators, escalators and moving walkways; 35% of 2025 net sales) and Service (maintenance, repair and modernization of existing installations; 65% of 2025 net sales; 91% of segment operating profit). International operations were about 71% of 2025 net sales. Business screen (factual, from the filing): no conventional banking/lending/insurance, alcohol, gambling, pork, tobacco, or weapons/defense segments appear in the filing -- elevators and escalators are a permissible industrial business. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Otis Worldwide's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $7,956M -- $6,900M long-term debt plus $1,056M of short-term borrowings and current portion of long-term debt; finance leases of about $6M are included in that total per the debt maturity table, and operating lease liabilities are not counted as debt. Against a market cap of about $25.06B ($64.48 latest price retrieved October 2, 2026; 388,720,773 shares outstanding per the 10-K cover), debt divided by market cap is about 31.74%, below the ~33% ceiling but close -- worth watching at the next filing. Cash and cash equivalents of $1,096M are about 4.37% of market cap. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Otis Worldwide's FY2025 10-K income statement reports "Interest expense (income), net" of $196M -- a net expense, meaning interest expense exceeded any interest income, against total net sales of $14,431M. The filing discloses no separate interest income line for FY2025, and Zoya's analysis of the same FY2025 filing also reports $0 interest income. Non-compliant interest income is therefore 0.00% of revenue, well under the 5% ceiling. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does Otis Worldwide do?

Otis Worldwide Corporation (NYSE: OTIS), headquartered in Farmington, Connecticut, describes itself in its FY2025 10-K as the world's leading elevator and escalator manufacturing, installation, service and modernization company, serving customers in over 200 countries and territories with more than 1,400 branches and offices. It is organized into two segments: New Equipment (designs, manufactures, sells and installs passenger and freight elevators, escalators and moving walkways; 35% of 2025 net sales) and Service (maintenance, repair and modernization of existing installations; 65% of 2025 net sales). International operations were about 71% of 2025 net sales.

Why does Otis Worldwide pass this Shariah stock screen?

Otis Worldwide passes all three screens applied on this site, so it gets a PASS. Per its FY2025 10-K (fiscal year ended December 31, 2025), its core business is manufacturing, installing, servicing and modernizing elevators and escalators -- a permissible business with no conventional lending/insurance, alcohol, gambling, pork, tobacco or weapons segments. Its interest-bearing debt of $7,956M is about 31.74% of its ~$25.06B market cap ($64.48 latest price retrieved October 2, 2026; 388,720,773 shares outstanding per the 10-K cover), below the ~33% debt ceiling -- though it passes with only about a 1.3-point margin. And it discloses no separate interest income for FY2025 (the income statement line "Interest expense (income), net" is a net expense of $196M; Zoya likewise reports $0 interest income), so non-compliant income is 0.00% of $14,431M revenue, under the 5% ceiling. This is a factual screen, not a religious ruling -- consult a qualified scholar for personal rulings.

What is Otis Worldwide's interest-bearing debt ratio?

Per Otis Worldwide's FY2025 10-K (fiscal year ended December 31, 2025), interest-bearing debt was $7,956M -- $6,900M long-term debt plus $1,056M of short-term borrowings and current portion of long-term debt; finance leases of about $6M are included in that total, and operating lease liabilities are excluded. Against a market cap of about $25.06B ($64.48 latest price retrieved October 2, 2026; 388,720,773 shares outstanding per the 10-K cover), debt divided by market cap is about 31.74% -- below the ~33% ceiling but close to it. Cash and cash equivalents of $1,096M are about 4.37% of market cap. The margin is thin enough that the debt gate is worth watching at the next filing.

What is Otis Worldwide's non-compliant income ratio?

Otis Worldwide's FY2025 10-K income statement reports "Interest expense (income), net" of $196M -- a net expense, meaning interest expense exceeded any interest income -- against total net sales of $14,431M. The 10-K discloses no separate interest income line for FY2025, and Zoya's analysis of the same filing also reports $0 interest income for the fiscal year ended December 31, 2025. Non-compliant interest income is therefore 0.00% of revenue, well under the 5% ceiling. Gate 3 passes.

Do Zoya, Musaffa, or ShariaPortfolio cover Otis Worldwide?

Zoya covers OTIS and flags it as not Shariah-compliant (zoya.finance/stocks/otis; the page's displayed assessment date was blank when accessed in October 2026) -- it does not rate Otis halal. Musaffa disagrees: as of October 2026 it classifies Otis Worldwide Corp as halal under its AAOIFI methodology (musaffa.com/stock/OTIS/). No OTIS page was found on ShariaPortfolio's screener (spscreener.mxcorporate.com) -- no coverage found. All three positions are reported honestly; this page applies the screen directly from Otis's own FY2025 10-K filing.

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).