BALL

Ball Corporation

HALAL

Score: 76/100

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Is BALL Halal?

Aluminum-packaging maker — a permissible manufacturing business, with debt and end-use to screen.

What You Should Know

Ball Corporation is the world's largest producer of aluminum beverage and aerosol cans and other sustainable packaging. Manufacturing packaging is a clearly permissible activity with no haram revenue line of its own. A portion of Ball's cans are sold to beverage customers that include alcohol producers, but Ball itself sells neutral packaging rather than the beverage, so most scholars treat the activity as permissible while noting the indirect end-use. The main screening item is the balance sheet: Ball is capital-intensive and carries debt, so its total-debt-to-market-cap ratio should be confirmed against the 33% threshold using the latest filings. Interest income on cash is incidental and should be checked against the 5% threshold and purified.

⚠️ Concerns

•Some cans are sold to alcohol producers — an indirect end-use that stricter investors may weigh, though Ball sells neutral packaging rather than the beverage itself
•Capital-intensive with a meaningful debt load — confirm total debt / market cap against the 33% threshold against the latest filings
•Incidental interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified
•Re-screen the financial ratios periodically