Is IFF (International Flavors & Fragrances Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, IFF 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 IFF.

International Flavors & Fragrances Inc. (IFF) is a global leader in specialty chemicals, manufacturing cosmetic actives, natural health ingredients, and flavor compounds. The company operates through segments like Nourish, Scent, and Pharma Solutions, providing plant-based food ingredients and natural antioxidants to consumer product manufacturers worldwide. For Muslim investors using HalalStocks.co.uk, IFF is currently classified as Doubtful due to its financial metrics. While the company's core operations in flavors and fragrances pass the business activity screen, it fails the AAOIFI debt compliance threshold, meaning it cannot be considered strictly halal at this time. From an Islamic finance perspective, the primary concern is IFF's Debt to Market Cap ratio, which sits at 37.7%, breaching the 33% limit. On a positive note, the company maintains clean revenue streams with 0.00% interest income and a low cash-to-market-cap ratio of 3.3%. Halal investors should monitor IFF's balance sheet closely in upcoming quarters. If the company successfully pays down its interest-bearing debt or if its market capitalization increases sufficiently, the stock could transition back into shariah-compliant territory. International Flavors & Fragrances Inc. operates in the Basic Materials sector under the Chemicals - Specialty industry and is headquartered in New York City, NY, US. The company is led by CEO Jon Erik Fyrwald and employs approximately 22,400 people.

IFF 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. IFF passed 3 of these 4 screens.

IFF 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.