IFF

International Flavors & Fragrances Inc.

DOUBTFUL

Score: 60/100

stock

Is IFF Halal?

Flavors, fragrances, and ingredients maker whose products are permissible, but leverage from the DuPont N&B deal often sits above the threshold.

What You Should Know

International Flavors & Fragrances Inc. develops and manufactures flavors, fragrances, and specialty ingredients used in food, beverage, personal-care, and consumer products. Producing ingredients is a permissible activity with no haram revenue line. The complication is financial: IFF took on substantial debt to fund its merger with DuPont's Nutrition & Biosciences business, and its total-debt-to-market-cap ratio has frequently exceeded the 33% Sharia threshold. Because the deciding factor is leverage that can exceed the limit, the stock is best treated as doubtful pending confirmation of the debt ratio on the latest filings. Interest income on cash is incidental and should be checked against the 5% threshold and purified.

⚠️ Concerns

•Merger-driven debt has frequently pushed total debt / market cap above the 33% threshold — this is the deciding screen and must be confirmed against the latest filings
•The verdict is debt-dependent and can change as the company divests assets and pays down debt
•Interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified
•Re-screen before each purchase given the leverage