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Is MKC (McCormick & Company, Incorporated) Halal or Haram?

New York Stock ExchangeConsumer DefensivePackaged Foods$13.66B2026-04-29
MKC is Halal4/4 screens passed

McCormick passes all AAOIFI shariah screens, making it a fully compliant investment for Muslim portfolios. The company's debt-to-market cap ratio sits within acceptable limits at 29.3%, while its interest income is virtually non-existent at 0.00% of revenue. Additionally, its cash and securities to market cap ratio is highly conservative at just 0.7%.

Price Chart (5D)

$50.25-1.24 (-2.41%)
2026-05-012026-04-24

MKC — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-0151.0051.3049.9850.241.9M-1.49%
2026-04-3050.7251.1550.0350.844.6M+0.24%
2026-04-2951.2251.3949.9850.542.7M-1.33%
2026-04-2851.2251.8150.6351.143.0M-0.16%
2026-04-2751.2851.8550.2150.403.8M-1.72%
2026-04-2451.8952.5351.3051.532.0M-0.69%
2026-04-2351.7252.3551.4051.892.7M+0.33%

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Shariah Screening Details for MKC

Business Activity

Permissible

McCormick's business activity passes shariah screening as its core operations of manufacturing and distributing spices, herbs, and condiments like Frank's RedHot and French's are entirely permissible.

Debt / Market Cap

29.26%

Debt: $4.00BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

0.70%

Cash: $95.9MThreshold: ≤33%

About McCormick & Company, Incorporated (MKC)

McCormick & Company, Incorporated is a global leader in the packaged foods industry, specializing in spices, seasoning mixes, and condiments. The company operates renowned consumer brands such as McCormick, French's, Frank's RedHot, and OLD BAY, serving both everyday retail consumers and commercial food service businesses worldwide.

For Muslim investors, MKC represents a solid halal investment opportunity within the consumer defensive sector. The stock successfully passes all four AAOIFI shariah screens, meaning its core business operations are completely permissible and its financial leverage remains within acceptable Islamic boundaries.

From an Islamic finance perspective, McCormick's financials are compliant, highlighted by a debt-to-market cap ratio of 29.3% that stays below the strict 33% threshold. Furthermore, the company generates 0.00% of its revenue from interest-bearing activities, ensuring that its income remains pure and free from non-compliant sources.

Since McCormick's product line consists of permissible food items and seasonings, there is no significant scholarly debate regarding its business activities. Halal investors should simply monitor its debt levels in future earnings reports to ensure the debt-to-market cap ratio does not creep above the 33% limit.

CEO

Brendan Foley

Employees

14,100

IPO Date

1999-04-26

Headquarters

Hunt Valley, MD, US

MKC Key Financial Statistics

Revenue

$6.84B

Net Income

$789.4M

EPS (Diluted)

$2.93

Stock Price

50.81

Beta

0.71

52-Week Range

47.52-78.16

Total Debt

$4.00B

Total Equity

$5.74B

Current Ratio

0.70

MKC Financial Health & Profitability

Profit Margins

Gross Margin37.9%
Operating Margin16.0%
Net Margin11.5%

Revenue Growth (YoY)

+1.7%

Prior year: $6.72B

Net Debt

$3.90B

Cash: $95.9M — Debt: $4.00B

Frequently Asked Questions About MKC

Is MKC (McCormick & Company, Incorporated) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, MKC is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (29.26% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (0.70% vs ≤33% threshold).
What does McCormick & Company, Incorporated do?
McCormick & Company, Incorporated is a global leader in the packaged foods industry, specializing in spices, seasoning mixes, and condiments. The company operates renowned consumer brands such as McCormick, French's, Frank's RedHot, and OLD BAY, serving both everyday retail consumers and commercial food service businesses worldwide. For Muslim investors, MKC represents a solid halal investment opportunity within the consumer defensive sector. The stock successfully passes all four AAOIFI shariah screens, meaning its core business operations are completely permissible and its financial leverage remains within acceptable Islamic boundaries. From an Islamic finance perspective, McCormick's financials are compliant, highlighted by a debt-to-market cap ratio of 29.3% that stays below the strict 33% threshold. Furthermore, the company generates 0.00% of its revenue from interest-bearing activities, ensuring that its income remains pure and free from non-compliant sources. Since McCormick's product line consists of permissible food items and seasonings, there is no significant scholarly debate regarding its business activities. Halal investors should simply monitor its debt levels in future earnings reports to ensure the debt-to-market cap ratio does not creep above the 33% limit. McCormick & Company, Incorporated operates in the Consumer Defensive sector under the Packaged Foods industry and is headquartered in Hunt Valley, MD, US. The company is led by CEO Brendan Foley and employs approximately 14,100 people.
What screening criteria were used for MKC?
MKC 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. MKC passed 4 of these 4 screens.
Does MKC require income purification?
MKC has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was MKC last screened?
MKC 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.

Disclaimer

This shariah compliance assessment for MKC (McCormick & Company, Incorporated) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

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