
DMC: Is Del Monte Corporation Halal?
Del Monte Corporation
$31.86
-0.41%
Market Cap: 1.5B
Compliance Status
Doubtful
Screened on Aug 26, 2026 · AAOIFI Standard 21
Good
Is Del Monte Corporation (DMC) halal? Doubtful. Based on AAOIFI screening, Del Monte Corporation passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 74/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own DMC, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened DMC's prohibited income, but the exact share you would need to purify is part of Pro.
About Del Monte Corporation
Del Monte Corp. engages in production and distribution of fresh fruit and vegetable products. It operates through the following segments: Fresh and Value-Added Products, Bananas, and Other Products and Services. The Fresh and Value-Added Products segment includes sales of pineapples, melons, non-tropical fruit (including grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries, and kiwis), other fruit and vegetables, avocados, fresh-cut fruit and vegetables, prepared fruit and vegetables, juices, other beverages, and prepared meals and snacks. The Bananas segment produces bananas. The Other Products and Services segment operates the third-party freight and logistics services business and the Jordanian poultry and meats business. The company was founded in 1886 and is headquartered in Coral Gables, FL.
Sector: Consumer Defensive · Industry: Agricultural Farm Products
Why This Stock Is Doubtful
- Debt is 28.4% of market cap, only 1.6 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtful, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.