ITOCY: Is ITOCHU Corporation Halal?

About ITOCHU Corporation

ITOCHU Corporation, established in Tokyo, Japan, in 1858, operates as a global trading house, engaging in the import and export of a wide array of products across the world. Its diverse operations are categorized into several key segments. The Textile segment focuses on the production and sale of raw materials, threads, and finished textiles, alongside apparel, home furnishings, and industrial textile applications. Within the Machinery segment, ITOCHU is involved in large-scale infrastructure projects, such as plants, bridges, and railways. It also handles power generation, transmission, distribution, and electricity sales, in addition to water, environmental, and waste management initiatives. This segment further includes the trading of ships, aircraft, automobiles, construction and industrial machinery, machine tools, environmental equipment, and electronic devices, while also exploring renewable and alternative energy sources and waste recycling. The Metals & Minerals segment is dedicated to developing metal and mineral resources, processing steel, and trading commodities like iron ore, coal, pig iron, various ferrous and non-ferrous metals, steel products, nuclear fuels, and greenhouse gas emission credits. It also covers recycling and waste treatment for these materials. Its Energy & Chemicals segment deals with the trade of crude oil, petroleum derivatives, LPG, LNG, natural gas, hydrogen, a broad spectrum of organic and inorganic chemicals, functional foods, synthetic resins, semiconductors, packaging materials, fine chemicals, pharmaceuticals, and electronic materials. This segment also participates in solar and biomass power generation, electricity trading, and the development of energy storage solutions. The Food segment encompasses the production, distribution, and retail of diverse food products. The General Products & Realty segment is responsible for manufacturing and selling items such as paper, pulp, natural rubber, tires, and building materials. It also actively develops, sells, leases, and manages real estate properties, including residential, logistics, and other commercial projects, and provides logistics services. Finally, the ICT & Financial Business segment delves into information technology, internet-related services, and venture capital investments. It handles the distribution of mobile communication devices and offers various business process outsourcing (BPO), medical and healthcare, space/satellite, intellectual property content, digital marketing, financial, reinsurance, and insurance brokerage services.

Sector: Industrials · Industry: Conglomerates

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