
Is Mondelez International (MDLZ) stock Halal?
September 2026 AAOIFI screening result for Mondelez International, Inc. (MDLZ): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 100%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Mondelez International is a global food and beverage conglomerate primarily known for its wide array of snack products. The company specializes in manufacturing and marketing a diverse range of snacks including biscuits, chocolates, gum, and candies. Notable brands under its umbrella include Oreo, Cadbury, Toblerone, and BelVita. Mondelez operates across multiple segments, with a strong presence in Americas, Europe, Asia, Middle East, and Africa, serving both consumers directly and through retail partnerships. Before any of that matters to a Muslim investor, one question comes first: is Mondelez International stock Halal?
Is Mondelez International Shariah compliant?
Consumer staples companies like Mondelez International face the screening question at the shelf, not the balance sheet: does any revenue come from alcohol, tobacco or other impermissible lines? AAOIFI Shariah Standard No. 21 tolerates such income only below 5% of revenue, with the financial ratios checked behind it.
Does Mondelez International pass the business activity test?
Yes. In the September 2026 screening Mondelez International holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is the product mix: any alcohol, tobacco or similar lines count against the 5% ceiling.
Is Mondelez International's income Halal?
Yes, within AAOIFI's tolerance. Mondelez International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of MDLZ what share of each dividend to keep and what remainder to donate to charity.
Does Mondelez International meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has MDLZ re-screened every month, and the result above always shows the latest verdict.
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 What is Halal Investing? A Guide to Halal Stocks and Islamic Finance



