Is CPB (Campbell Soup Company) Halal or Haram?

Based on our AAOIFI-standard shariah screening, CPB is classified as Doubtful. It passed 3 of 4 compliance screens. Some scholars may permit investing with income purification, while others advise avoiding it. We recommend consulting a qualified Islamic scholar before investing in CPB.

Campbell Soup Company is a global manufacturer of packaged foods and beverages, operating primarily through its Meals & Beverages and Snacks segments. The company is best known for its iconic Campbell's condensed soups, but its portfolio also includes Swanson broths, Prego pasta sauces, Pace Mexican sauces, and Pacific Foods organic products. For Muslim investors using HalalStocks.co.uk, Campbell Soup Company is currently classified as Doubtful due to failing the financial screening criteria. While the underlying food manufacturing business is entirely halal, the company fails the AAOIFI debt screening, meaning investors strictly adhering to these guidelines should avoid the stock. The primary concern from an Islamic finance perspective is Campbell's massive debt load, with a debt-to-market cap ratio of 118.5%, which completely shatters the 33% permissible threshold. On a positive note, the company does not rely on interest generation, as its interest income accounts for a negligible 0.17% of total revenue. Given the severe debt violation, everyday Muslim investors should monitor whether Campbell Soup Company takes aggressive steps to deleverage its balance sheet in the future. Until the debt-to-market cap ratio drops below 33%, CPB will remain off-limits for strict halal portfolios. Campbell Soup Company operates in the Consumer Defensive sector under the Packaged Foods industry and is headquartered in Camden, NJ, US. The company is led by CEO Mick J. Beekhuizen and employs approximately 14,400 people.

CPB was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. CPB passed 3 of these 4 screens.

CPB was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.