Is Hormel Foods (HRL) stock halal?
Screened against AAOIFI Shari’ah Standard 21
Not settled. Hormel Foods (HRL) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. Companies in its industry (SEC industry code 2011 (Meat Packing Plants)) usually sell pork. It doesn’t report how much of its revenue that is. We show this as Needs Review rather than guess. Last checked 15 September 2026.
Hormel Foods needs further review under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 18.48% | Pass |
| Cash and interest-bearing investments | 30% | 4.51% | Pass |
| Prohibited income | 5% | — | Review |
| Not just cash and debts | 90% | 15.10% | Pass |
Key Findings & Observations
- Companies in its industry (SEC industry code 2011 (Meat Packing Plants)) usually sell pork. It doesn’t report how much of its revenue that is.Source: Business check
- The prohibited income test couldn’t be settled: The share of revenue from pork isn’t reported.Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about Hormel Foods Corporation (HRL)
Is Hormel Foods (HRL) stock halal?▾
Not settled. Hormel Foods (HRL) could not be confirmed either way under the AAOIFI Shari’ah Standard 21 screen. Companies in its industry (SEC industry code 2011 (Meat Packing Plants)) usually sell pork. It doesn’t report how much of its revenue that is. We show this as Needs Review rather than guess. Last checked 15 September 2026.
What is Hormel Foods's debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Hormel Foods's ratio is about 18.5%.
How much dividend purification is required for Hormel Foods (HRL) stock?▾
No purification is required for Hormel Foods based on its latest annual report.
Does Hormel Foods operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Hormel Foods's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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