Is AVO halal?
Mission Produce, Inc.
Not halal
Mission Produce, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NASDAQ
Price
12.2
Day
+0.99%
Market cap
$1.08B
Industry
Food Distribution
Sector
Consumer Defensive
What the company does
Mission Produce is one of the world's largest avocado suppliers: it grows on its own farms in Peru, Mexico and Colombia, buys from other growers, and distributes to supermarkets. It also sells mangoes.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $432.80M ÷ 36-month average market cap $843.18M = 51.3%
51.3%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $47.10M ÷ 36-month average market cap $843.18M = 5.6%
5.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.70M ÷ annual revenue $1.39B (2025) = 0.1%
0.1%
Pass
Figures from the company's filings (2026-07-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $1.08B.
For information (AAOIFI 3/1 note): cash + receivables are 14.7% of total assets (2026-07-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
Mission Produce — avokado yetishtirish/distributsiya. Biznes toza
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.