PM
Philip Morris International
Is PM Halal?
Global tobacco and nicotine company with a failed quantitative debt screen.
What You Should Know
Philip Morris's March 31, 2026 Form 10-Q reports $68,913m assets, $51,900m debt, $5,450m cash and $6,390m receivables. Debt/assets is 75.31%; combustible tobacco and nicotine products drive the qualitative fail.
⚠️ Concerns
- •Cigarettes and combustible tobacco
- •Debt/assets far above examined limits
- •Nicotine dependence and health harm
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
51,900 / 68,913
5,450 / 68,913
11,840 / 68,913
- Financial
- Fails
- Overall
- Fails
Debt/assets is 75.31%, above the examined 33.333% limit; the tobacco-business screen also fails.
- Financial
- Fails
- Overall
- Fails
Debt/assets is above the examined MSCI limit and the tobacco-business screen fails.
- Financial
- Fails
- Overall
- Fails
Debt/assets is above the examined Malaysia limit; this is not an official SAC classification.
- Financial
- Not calculated
- Overall
- Not calculated
A licensed historical market-cap series is not stored.
Business-activity disclosure
Philip Morris sells combustible tobacco, smoke-free nicotine products and related oral and e-vapor products. The tobacco and nicotine core business fails the site's conservative harm-based qualitative screen.
Limitation: The activity numerator uses total reported revenue as a conservative proxy and is not an official Sharia classification.
Purification
The filing does not isolate a complete non-compliant-income amount; ZakatInvest does not prescribe a fixed purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from PMI's March 31, 2026 Form 10-Q.
- Receivables are trade plus other receivables; equity investments are not counted as interest-bearing securities.
- The filing reports interest expense but does not provide a complete non-compliant-income numerator.
- Combustible tobacco revenue was $5,767m and total tobacco-related revenue is the conservative activity proxy.
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.
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →