Is PKG halal?
Packaging Corporation of Americ
Halal
Packaging Corporation of Americ 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
NYSE
Price
236
Day
+1.47%
Market cap
$20.67B
Industry
Packaging & Containers
Sector
Consumer Cyclical
What the company does
Packaging Corporation of America makes corrugated boxes and containerboard (third-largest in the US), plus office paper. Its money comes from box sales to food, e-commerce and industrial customers.
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 $3.98B ÷ 36-month average market cap $18.22B = 21.8%
21.8%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $666.80M ÷ 36-month average market cap $18.22B = 3.7%
3.7%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $20.67B.
For information (AAOIFI 3/1 note): cash + receivables are 18.7% 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 · #378 of 503
- Among halal stocks
- 0.03% · #279 of 1454
- Held by funds
- SPUS 0.05% · HLAL 0.05%
- Dividend
- 2.27% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $238.28
- Harry BurnSound Shore$14.5M0.5%
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.