Is SW halal?
Smurfit WestRock plc
Not halal
Smurfit WestRock plc did not pass AAOIFI screening. The failed check is shown below.
Checked: 12 October 2026
Exchange
NYSE
Price
41.16
Day
-0.19%
Market cap
$21.66B
Industry
Packaging & Containers
Sector
Consumer Cyclical
What the company does
Smurfit WestRock (Ireland/USA) is the world's largest paper-packaging maker: corrugated boxes, paperboard and packaging materials, formed by the 2024 merger of Smurfit Kappa and WestRock. Revenue is 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 $14.16B ÷ current market cap $21.66B = 65.4%
65.4%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $677.00M ÷ current market cap $21.66B = 3.1%
3.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $111.00M ÷ annual revenue $31.18B (2025) = 0.4%
0.4%
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.
For information (AAOIFI 3/1 note): cash + receivables are 12.4% 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 · #369 of 503
- Held by funds
- HLAL 0.06%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 3 superinvestors · Average reported price: $46.26
- Sarah KettererCauseway Capital Management$695.7M7.5%
- Harry BurnSound Shore$84.9M2.6%
- Arnold Van Den BergCentury Management$7.3M1.5%
Halal stocks in the same industry
The largest halal stocks in Packaging & Containers — for comparison.
Related articles
- Halal investingBlogHaram revenue you can't see from the industry label: pork, weapons, casinosPork hides under "Packaged Foods", weapons under "Aerospace & Defense". What automated screening misses and how we catch it by hand.
- 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.