COCA COLA ICECEK (CCOLA.IS) - Not Halal (Non-Compliant)
COCA COLA ICECEK (CCOLA.IS) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Defensive
- Industry
- Beverages - Non-Alcoholic
- Result
- Pass
- Reason
- The sector "Consumer Defensive" and industry "Beverages - Non-Alcoholic" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 35.2% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 17.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.19%.Based on the company's financial statements, approximately 1.19% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.19% of total income). Some scholars may differ on the exact calculation method.
About COCA COLA ICECEK
Coca-Cola Içecek Anonim Sirketi, together with its subsidiaries, engages in the production, sale, and distribution of sparkling and still beverages in Turkey, Pakistan, Bangladesh, Central Asia, and the Middle East. It provides soft drinks, fruit juice, iced teas, water and sparkling water, sports and energy drinks, and coffee. The company sells its products under the Coca-Cola, Coca-Cola Zero Sugar, Coca-Cola Light, Diet Coke, Fanta, Sprite, Sprite Zero Sugar, Crush, Crystal Cola, Schweppes, Fusetea, Cappy, Piko, Damla, Damla Minera, Bon Aqua, Al Waha, Arwa, Dasani, Dasani Minera, Kinley, Kinley Soda, Power Ade, Monster Energy, Burn, Roar, Predator Energy, and Costa Coffee brands. Coca-Cola Içecek Anonim Sirketi was founded in 1964 and is headquartered in Istanbul, Turkey.
Frequently Asked Questions
Is COCA COLA ICECEK (CCOLA.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, COCA COLA ICECEK (CCOLA.IS) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

