Is SJM halal?
The J.M. Smucker Company
Not halal
The J.M. Smucker Company did not pass AAOIFI screening. The failed check is shown below.
Checked: 12 October 2026
Exchange
NYSE
Price
127.43
Day
+1.19%
Market cap
$12.80B
Industry
Packaged Foods
Sector
Consumer Defensive
What the company does
J.M. Smucker owns food brands: Folgers and Dunkin' coffee, Jif peanut butter, Smucker's jams, Hostess snack cakes and Milk-Bone pet treats. Revenue comes from grocery retail 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 $6.74B ÷ 36-month average market cap $11.92B = 56.5%
56.5%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $43.20M ÷ 36-month average market cap $11.92B = 0.4%
0.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $30.20M ÷ annual revenue $8.73B (2025) = 0.3%
0.3%
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: $12.80B.
For information (AAOIFI 3/1 note): cash + receivables are 4.1% 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
- 0.02% weight · #444 of 503
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $112.50
- John RogersAriel Investments$202.4M2.0%
- Lee AinslieMaverick Capital$3.1M0.0%
Halal stocks in the same industry
The largest halal stocks in Packaged Foods — for comparison.
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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.