Clean Harbors Inc

CLH

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Industrials
United States of America
Large cap

Clean Harbors Inc is Shariah Compliant. It passes 3/5 Shariah standards we screen against.

0.43%

Impure Income*

$0.114

Purification*

$0.459

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Large cap
BUY
$263.59
$220.00
$300.00
13
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
6.95%
11.45%
6.83%
1.86
2.21
-26.89%

Shariah Compliance

  • Updated on April 14, 2025
Debt
25.94%
✓
Non-Compliant Assets
0.96%
✓
Impure Income
0.43%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
31.24%
✓
Impure Income
0.43%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
26.53%
✓
Impure Income
0.43%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
37.77%
✗
Cash
9.31%
✓
Cash & AR
23.72%
✓
Impure Income
0.43%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
37.77%
✗
Cash
9.31%
✓
Cash & AR
23.72%
✓
Impure Income
0.43%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.43%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Clean Harbors, Inc. is a provider of environmental and industrial services. The Company delivers a range of services, such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Its Environmental Services segment offers an array of services to customers. It collects, transports, treats and disposes of hazardous and non-hazardous waste through its network of waste disposal facilities, including incinerators, landfills, treatment, storage and disposal facilities (TSDFs), wastewater treatment facilities and solvent recycling centers. Its Safety-Kleen Sustainability Solutions (SKSS) segment offerings span the lifecycle of sustainable lubricant products. It collects used oil which serves as feedstock for its oil re-refineries. At these facilities, it manufactures, formulates and packages lubricants which are returned to the marketplace. It also provides parts washers and environmental services to various customers.

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