CORTEVA INC (CTVA.MX) - Halal (Shariah-Compliant)
CORTEVA INC (CTVA.MX) is classified as Halal (Shariah-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
- Basic Materials
- Industry
- Agricultural Inputs
- Result
- Pass
- Reason
- The sector "Basic Materials" and industry "Agricultural Inputs" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 7.7% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 4.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.78%.Based on the company's financial statements, approximately 0.78% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.78% of total income). Some scholars may differ on the exact calculation method.
About CORTEVA INC
Corteva, Inc. operates as a pure-play agriculture company in the United States, Canada, the Middle East, Africa, Europe, Latin America, and Asia. The company provides products that protect against weeds, insects, diseases, nematodes, and other pests, as well as supports crop health via nitrogen management and seed-applied technologies. Its crop protection solutions and digital solutions provide farmers tools to improve productivity and help keep fields free of weeds, insects, and diseases. The company offers herbicides, soybeans, cereals, fruits and vegetables, insecticides, nitrogen stabilizers, pasture, and a range management herbicides and biologicals and other nature-based products. The company is headquartered in Indianapolis, Indiana.
Frequently Asked Questions
Is CORTEVA INC (CTVA.MX) stock halal to invest in?
According to AAOIFI Shariah screening standards, CORTEVA INC (CTVA.MX) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does CORTEVA INC have any interest income?
CORTEVA INC's interest income ratio is 4.5% of total revenue. AAOIFI standards require this to be below 30%.

