ORLY

O'Reilly Automotive, Inc.

HALAL — SCREEN DOES NOT PASSstock

Is ORLY Halal?

Automotive aftermarket retail with a generally permissible core business; current total-assets debt screen fails.

What You Should Know

O'Reilly's March 2026 filing reports $16.937 billion of assets, $6.195 billion of long-term debt, $253 million of cash, $65 million of trading marketable securities, $431 million of receivables and $4.561 billion of quarterly sales. Debt/assets are 36.58%, liquidity/assets 1.87% and receivables plus cash/assets 4.04%; disclosed interest income is $1.7 million, or 0.04% of sales.

⚠️ Concerns

  • Debt/assets are 36.58% and exceed the examined total-assets limits
  • Senior notes, commercial paper, operating leases and share repurchases require continuing capital-structure review
  • Broad product categories include maintenance items, paint, fluids, batteries, tools and service equipment; product-level screened revenue is unavailable
  • DIY and professional customer sales are disclosed, but customer industries and vehicle end uses are not quantified
  • Cash investments, deferred-compensation securities, warranties, hazardous-material handling and supplier practices require continuing review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-13.

USD · millions
Interest-bearing debt / assets
36.58%Above limit
Below 33.333% under FTSE Yasaar

6,195.311 / 16,937.178

Cash + interest-bearing securities / assets
1.87%Within limit
Below 33.333% under FTSE Yasaar

317.37 / 16,937.178

Receivables + cash / assets
4.04%Within limit
Below 50% under FTSE Yasaar

683.805 / 16,937.178

Non-compliant income / revenue
0.04%Within limit
No more than 5% under FTSE Yasaar

1.748 / 4,560.539

FTSE Yasaar
v4.6, February 2026
Financial
Fails
Overall
Fails

Debt is 36.58% and exceeds the examined FTSE 33.333% limit. Identifiable liquidity is 1.87%, receivables plus cash is 4.04%, and disclosed interest income is 0.04%; those measures are below the examined limits, but the financial screen fails on debt and business activity remains incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Fails
Overall
Fails

Debt is 36.58% and exceeds the examined MSCI total-assets limit; identifiable liquidity is 1.87% and receivables plus cash is 4.04%. This is a calculation against the named method, not an index-membership claim, and business allocation remains incomplete.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Fails
Overall
Fails

Debt is 36.58% and exceeds the examined 33% Malaysia SAC limit; identifiable liquidity is 1.87%. This is a calculation against SAC ratios, not an official SAC classification of a U.S.-listed security; screened business revenue remains unavailable.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A properly licensed and reproducible historical market-cap series is not stored, so these methods are not estimated from a current spot price.

Business-activity disclosure

O'Reilly Automotive is a specialty retailer of automotive aftermarket hard parts, maintenance items, accessories, auto-body materials, tools and service equipment for do-it-yourself and professional service-provider customers. Auto-parts retail and vehicle maintenance are generally permissible commerce, while product-level categories, customer end use and supplier practices require continuing qualitative review.

Limitation: The filing disaggregates sales between do-it-yourself customers and professional service providers but does not isolate revenue by product category, customer end use, chemical or fluid type, vehicle use or other potentially prohibited category into a universal activity numerator.

Purification

Disclosed interest income is $1.748 million, or 0.04% of quarterly sales, but the filing does not provide a universal allocation for product categories or customer end uses and no fixed purification percentage is prescribed here; readers should follow the scholar or methodology they use.

Inputs, assumptions and primary sources
  • Debt uses the reported $6.195311 billion long-term debt balance, which includes senior notes, commercial paper and revolving-credit borrowings. Operating lease liabilities are not added to the conventional debt input, but remain a qualitative consideration.
  • Cash uses the reported $252.632 million cash and cash equivalents balance. The filing separately reports $64.738 million of trading marketable securities held for future deferred-compensation obligations; that balance is included as interest-bearing securities without treating it as cash.
  • Receivables use the reported $431.173 million net accounts receivable balance. Revenue uses $4.560539 billion of sales for the three months ended March 31, 2026.
  • The filing reports $1.748 million of interest income for the quarter, or 0.04% of quarterly sales. This is a disclosed income line, not an estimate of every return earned on cash or marketable securities.
  • O'Reilly reports automotive hard parts, maintenance items, accessories, auto-body paint and related materials, tools and professional service-provider equipment, but does not quantify a universal prohibited-revenue numerator by product, customer end use or contract. No zero-haram-revenue claim is entered.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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