Is CORNING INC /NY (GLW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 8.9% / 30% | 1.4% / 30% | 2.8% / 30% | 0.24% / 5% | ✓ HALAL |
| DJIM | 8.9% / 33% | 1.4% / 33% | 2.8% / 33% | 0.24% / 5% | ✓ HALAL |
| MSCI | 30.3% / 33% | 4.9% / 33% | 9.5% / 33% | 0.24% / 5% | ✓ HALAL |
| S&P | 8.9% / 33% | 1.4% / 33% | 2.8% / 33% | 0.24% / 5% | ✓ HALAL |
| FTSE | 30.3% / 33% | 4.9% / 33% | 9.5% / 50% | 0.24% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.0% | |
| Operating Margin | 16.6% | |
| Net Margin | 10.2% | |
| Return on Equity (ROE) | 14.9% | |
| Return on Assets (ROA) | 4.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.7B |
| Free Cash Flow | $1.4B |
| Total Debt | $9.4B |
| Debt-to-Equity | 76.2 |
| Current Ratio | 1.6 |
| Total Assets | $31.0B |
Price & Trading
| Last Close | $135.32 |
| 50-Day MA | $125.94 |
| 200-Day MA | $87.25 |
| Avg Volume | 10.4M |
| Beta | 1.0 |
|
52-Week Range
$37.31
| |
About CORNING INC /NY (GLW)
Corning Incorporated operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the United States, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally. The company provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. It also offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. In addition, it manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for markets, such as mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Further, the company provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications, as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Additionally, it offers laboratory products, including plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Falcon, PYREX, and Axygen brands. It also offers polysilicon products and pharmaceutical glass tubing and vials. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
Purification Calculator
As a halal stock with 0.24% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is CORNING INC /NY (GLW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CORNING INC /NY is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CORNING INC /NY's debt ratio?
CORNING INC /NY's debt ratio is 8.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 30.3%.
Does CORNING INC /NY require dividend purification?
Yes, CORNING INC /NY has an impermissible income ratio of 0.24%, which means 0.24% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are CORNING INC /NY's key financial metrics?
CORNING INC /NY has a market capitalization of $117.5B, trailing P/E ratio of 74.8, and revenue of $15.6B. The company maintains a gross margin of 36.0% and a net margin of 10.2%. Return on equity stands at 14.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.