Is CF halal?
CF Industries Holdings, Inc.
Halal
CF Industries Holdings, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
120.22
Day
+0.34%
Market cap
$17.77B
Industry
Agricultural Inputs
Sector
Basic Materials
What the company does
CF Industries is the world's largest ammonia (nitrogen fertilizer) producer: ammonia, urea and UAN for farmers and industry, using cheap US natural gas. Its money comes from fertilizer sales.
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 $3.22B ÷ 36-month average market cap $15.02B = 21.4%
21.4%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.48B ÷ 36-month average market cap $15.02B = 16.5%
16.5%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $81.00M ÷ annual revenue $7.08B (2025) = 1.1%
1.1%
Pass
Figures from the company's filings (2026-06-30), 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: $17.77B.
For information (AAOIFI 3/1 note): cash + receivables are 21.2% of total assets (2026-06-30). 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
- 0.03% weight · #396 of 503
- Among halal stocks
- 0.03% · #302 of 1455
- Held by funds
- SPUS 0.05%
- Dividend
- 1.71% · purify 1.1% · net 1.69%
Halal stocks in the same industry
The largest halal stocks in Agricultural Inputs — for comparison.
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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.