
Is Eastman Kodak (KODK) stock Halal?
September 2026 AAOIFI screening result for Eastman Kodak Co. (KODK): non-permissible income, pass. Interest-bearing investments, fail. Interest-bearing debt, pass. Preference shares, pass. Eastman Kodak Co. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Eastman Kodak is a renowned American multinational corporation known for its historical leadership in photographic film and imaging technology. Established in 1888, Kodak was instrumental in making photography accessible to the masses with its revolutionary consumer cameras and film products. The primary function of Kodak in today's market has evolved from traditional photography to a diverse portfolio that includes digital imaging, advanced materials, and chemical products. Before any of that matters to a Muslim investor, one question comes first: is Eastman Kodak stock Halal?
Is Eastman Kodak Shariah compliant?
Industrial businesses like Eastman Kodak usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Eastman Kodak pass the business activity test?
The activity screen is only part of the picture this month: Eastman Kodak currently fails the interest-bearing investments screen, 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 Eastman Kodak's income Halal?
Yes, within AAOIFI's tolerance. Eastman Kodak's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Eastman Kodak meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing investments currently exceed 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?



