Is Ardagh Metal Packaging (AMBP) stock Halal?
As of the September 2026 screening, Ardagh Metal Packaging SA (AMBP) does not meet the AAOIFI Shariah Standard No. 21 threshold for the non-permissible income and interest-bearing debt screens, so the stock is not currently classified as Shariah compliant. It is re-screened every month and can regain compliance if its financial structure changes.
Ardagh Metal Packaging is a global leader in the production of sustainable, infinitely recyclable metal beverage cans. As a key player in the packaging industry, Ardagh focuses on providing environmentally friendly solutions to a wide range of beverage producers, including leading names in the soft drinks, energy drinks, and craft beer sectors. The company's operations span across Europe, North America, and other major markets. For Muslim investors, though, the most pressing question is simpler: is Ardagh Metal Packaging a Halal investment?
Is Ardagh Metal Packaging Shariah compliant?
For industrial companies like Ardagh Metal Packaging, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does Ardagh Metal Packaging pass the business activity test?
The activity screen is only part of the picture this month: Ardagh Metal Packaging currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Ardagh Metal Packaging's income Halal?
No. Ardagh Metal Packaging's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Ardagh Metal Packaging meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



