Is CAG halal?
ConAgra Brands, Inc.
Not halal
ConAgra Brands, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
NYSE
Price
14.47
Day
+2.05%
Market cap
$6.82B
Industry
Packaged Foods
Sector
Consumer Defensive
What the company does
ConAgra Brands is a packaged-food maker: Healthy Choice, Marie Callender's, Birds Eye, Slim Jim, Orville Redenbacher's, Hunt's, Reddi-wip. Revenue comes from selling food to supermarkets.
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 $7.27B ÷ 36-month average market cap $11.42B = 63.6%
63.6%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $218.00M ÷ 36-month average market cap $11.42B = 1.9%
1.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $7.50M ÷ annual revenue $11.28B (2026) = 0.1%
0.1%
Pass
Figures from the company's filings (2026-05-31), 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: $6.82B.
For information (AAOIFI 3/1 note): cash + receivables are 5.1% of total assets (2026-05-31). 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
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $13.46
- Hillman Capital Management$2.4M1.8%
- Tweedy Browne$2.0M0.1%
- Lee AinslieMaverick Capital$1.2M0.0%
Halal stocks in the same industry
The largest halal stocks in Packaged Foods — for comparison.
Related articles
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
- 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.