Coca-Cola Company (The) (KO) - Halal (Shariah-Compliant)
Coca-Cola Company (The) (KO) 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
- 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: 14.5% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 5.4% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.58%.Based on the company's financial statements, approximately 1.58% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (1.58% of total income). Some scholars may differ on the exact calculation method.
About Coca-Cola Company (The)
The Coca-Cola Company, a beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally. The company provides Trademark Coca-Cola, sparkling soft drinks and flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and emerging beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers comprising restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet Coke, Cherry Coke, Fanta, Sprite, Simply, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Crystal, Dasani, Fuze Tea, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, I LOHAS, Powerade, Topo Chico, Core Power, Del Valle, fairlife, innocent, Maaza, Minute Maid, Minute Maid Pulpy, Santa Clara, and dogadan brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
