Lodestar

Halal / Shariah

PM is excluded under Halal / Shariah

Non-compliant Philip Morris International Inc. · Tobacco

Why it's excluded

Halal / Shariah excludes the following tags. PM's industry (Tobacco) matches:

  • tobacco

Financial ratios

AAOIFI-style screening requires interest-bearing debt and non-operating cash to each remain below 33% of market cap.

Ratio Value Threshold Passed
debt_to_mcap 16.7% 33%
cash_to_mcap 1.7% 33%

Halal / Shariah methodology

AAOIFI-style screening: excludes non-permissible business activities (alcohol, tobacco, gambling, conventional banks/insurance, weapons, adult, pork) and requires interest-bearing debt and non-operating cash to each be below 33% of market cap.