CTVA

Corteva Agriscience

DOUBTFUL — DATA INCOMPLETEstock

Is CTVA Halal?

Agricultural seeds and chemicals — environmental concern.

What You Should Know

Corteva provides seeds, crop protection, and agricultural solutions. Environmental impact concerns. Its March 31, 2026 Form 10-Q reports $42,717 million of assets, $3,356 million of interest-bearing debt, $2,141 million of cash and restricted cash, $2 million of marketable securities, $9,088 million of receivables and $4,905 million of net sales. Debt/assets is 7.86%, liquidity/assets is 5.02%, receivables-plus-cash/assets is 26.29%, and disclosed interest income is 0.69% of revenue; financial ratios pass while product-level activity remains incompletely quantified.

⚠️ Concerns

  • Pesticide use
  • GMO products
  • Environmental ethics
  • Chemical product mix requires review

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
7.86%Within limit
Below 33.333% under FTSE Yasaar

3,356 / 42,717

Cash + interest-bearing securities / assets
5.02%Within limit
Below 33.333% under FTSE Yasaar

2,143 / 42,717

Receivables + cash / assets
26.29%Within limit
Below 50% under FTSE Yasaar

11,229 / 42,717

Non-compliant income / revenue
0.69%Within limit
No more than 5% under FTSE Yasaar

34 / 4,905

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt/assets is 7.86%, liquidity/assets is 5.02%, receivables-plus-cash/assets is 26.29%, and disclosed interest income is 0.69% of revenue; business activity remains incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt/assets, liquidity/assets and receivables-plus-cash/assets are below the examined MSCI limits; product-level activity is not reduced to a universal prohibited-revenue numerator.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

The examined Malaysia financial ratios pass; this is a calculation against SAC ratios, not an official classification, and the activity numerator remains incomplete.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; the filing-based results remain documented.

Business-activity disclosure

Corteva provides seeds, crop-protection products and agricultural solutions. Agriculture is a generally permissible core activity, while pesticide, GMO and environmental impacts require qualitative review.

Limitation: The filing does not provide a universal prohibited-activity numerator across product lines and end uses.

Purification

Corteva discloses $34 million of interest income, but does not provide a complete prohibited-activity numerator; no definitive purification percentage is invented.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Corteva's March 31, 2026 Form 10-Q.
  • Interest-bearing debt is $1,674 million of short-term borrowings plus $1,682 million of long-term debt.
  • Cash and restricted cash equivalents total $2,141 million; marketable securities are $2 million. Accounts and notes receivable are $9,088 million.
  • Net sales are $4,905 million for the quarter; disclosed interest income is $34 million.
  • Agricultural seeds, crop protection and chemical products are not reduced to a universal prohibited-activity numerator across products, uses and geographies.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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