Is KRT halal?
Karat Packaging Inc.
Halal
Karat Packaging Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
53.31
Day
-1.66%
Market cap
$1.07B
Industry
Packaging & Containers
Sector
Consumer Cyclical
What the company does
Karat Packaging sells disposable foodservice products to restaurants (cups, containers, packaging — Karat brand, many eco-friendly) through its own warehouse network. Its money comes from packaging 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 $0 ÷ 36-month average market cap $551.07M = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $54.14M ÷ 36-month average market cap $551.07M = 9.8%
9.8%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $2.21M ÷ annual revenue $467.74M (2025) = 0.5%
0.5%
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: $1.07B.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #881 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 3.30% · purify 0.5% · net 3.29%
Halal stocks in the same industry
The largest halal stocks in Packaging & Containers — 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.