
Is MKC (McCormick & Company, Incorporated) Halal or Haram?
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)
MKC — Last 7 Days
| Date | Open | High | Low | Close | Volume | Change |
|---|---|---|---|---|---|---|
| 2026-05-01 | 51.00 | 51.30 | 49.98 | 50.24 | 1.9M | -1.49% |
| 2026-04-30 | 50.72 | 51.15 | 50.03 | 50.84 | 4.6M | +0.24% |
| 2026-04-29 | 51.22 | 51.39 | 49.98 | 50.54 | 2.7M | -1.33% |
| 2026-04-28 | 51.22 | 51.81 | 50.63 | 51.14 | 3.0M | -0.16% |
| 2026-04-27 | 51.28 | 51.85 | 50.21 | 50.40 | 3.8M | -1.72% |
| 2026-04-24 | 51.89 | 52.53 | 51.30 | 51.53 | 2.0M | -0.69% |
| 2026-04-23 | 51.72 | 52.35 | 51.40 | 51.89 | 2.7M | +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%
Interest Income
0.00%
Cash & Securities
0.70%
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
Website
www.mccormickcorporation.comMKC 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
Revenue Growth (YoY)
+1.7%
Prior year: $6.72B
Net Debt
$3.90B
Cash: $95.9M — Debt: $4.00B
Frequently Asked Questions About MKC
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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.