EMN
Eastman Chemical Company
Is EMN Halal?
Specialty-chemicals manufacturer — a permissible industrial business, though leverage should be confirmed against the threshold.
What You Should Know
Eastman Chemical Company produces specialty plastics, additives, fibers, and chemical intermediates used across packaging, automotive, construction, and consumer markets. Manufacturing industrial chemicals is a permissible activity with no haram revenue line. The principal screening item is the balance sheet: Eastman carries a meaningful amount of debt, so its total-debt-to-market-cap ratio should be confirmed against the 33% threshold using the latest filings and is the main item to watch. Interest income on cash is incidental and should be checked against the 5% threshold and purified.
⚠️ Concerns
- •Carries meaningful debt — confirm total debt / market cap against the 33% threshold against the latest filings, as it can sit near the limit
- •Incidental interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified
- •Cyclical industrial demand — re-screen the financial ratios periodically
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →