Is Ingredion Inc (INGR) Halal?

NYSE Consumer Defensive United States $7.1B
✓ HALAL
Confidence: 95/100
Ingredion Inc (INGR) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 27.0% against the AAOIFI threshold of 30%, Ingredion Inc comfortably passes the key financial ratio tests. The company operates in the Consumer Defensive sector (Packaged Foods), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 27.0%
/ 30%
14.2%
/ 30%
16.2%
/ 30%
0.36%
/ 5%
✓ HALAL
DJIM 27.0%
/ 33%
14.2%
/ 33%
16.2%
/ 33%
0.36%
/ 5%
✓ HALAL
MSCI 25.0%
/ 33%
13.1%
/ 33%
15.0%
/ 33%
0.36%
/ 5%
✓ HALAL
S&P 27.0%
/ 33%
14.2%
/ 33%
16.2%
/ 33%
0.36%
/ 5%
✓ HALAL
FTSE 25.0%
/ 33%
13.1%
/ 33%
15.0%
/ 50%
0.36%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
10.0
Forward: 9.3
EPS
$11.18
Dividend Yield
293.0%
Payout: 29.0%
P/B Ratio
1.7
EV/EBITDA
6.4
EV: $8.0B
Revenue
$7.2B
Growth: -2.4%
Beta
0.7
Low volatility
Current Ratio
2.7

Profitability

Gross Margin 25.3%
Operating Margin 13.3%
Net Margin 10.1%
Return on Equity (ROE) 18.1%
Return on Assets (ROA) 8.5%

Cash Flow & Balance Sheet

Operating Cash Flow$944M
Free Cash Flow$511M
Total Debt$2.0B
Debt-to-Equity45.8
Current Ratio2.7
Total Assets$7.9B

Price & Trading

Last Close$111.82
50-Day MA$115.34
200-Day MA$120.14
Avg Volume661K
Beta0.7
52-Week Range
$102.31
$141.78

About Ingredion Inc (INGR)

CEO
Mr. James P. Zallie
Employees
11,200
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
Exchange
NYSE
Market Cap
$7.1B
Currency
USD

Ingredion Incorporated, together with its subsidiaries, engages in the manufacture and sale of sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries worldwide. The company operates in Texture & Healthful Solutions; Food & Industrial Ingredients–LATAM; and Food & Industrial Ingredients–U.S./CANADA segments. It offers starch products for use in a range of processed foods; cornstarch; specialty paper starches for enhanced drainage, fiber retention, oil and grease resistance, improved printability, and biochemical oxygen demand control; starches and specialty starches for textile industry; industrial starches are used in the production of construction materials, textiles, adhesives, pharmaceuticals, and cosmetics, as well as in mining and water filtration; and specialty industrial starches for use in biomaterial applications, including biodegradable plastics, fabric softeners and detergents, hair and skin care applications, dusting powders for surgical gloves, and in the production of glass fiber and insulation. The company provides sweetener products comprising glucose syrups, high maltose syrup, high fructose corn syrup, dextrose, polyols, maltodextrin, glucose syrup solids, and non-genetically modified organism syrups for applications in food and beverage products, such as baked goods, snack foods, canned fruits, condiments, candy and other sweets, dairy products, ice cream, jams and jellies, prepared mixes, table syrups, and beverages. In addition, the company sells refined corn oil, corn gluten feed, and corn gluten meal; and other products. The company was formerly known as Corn Products International, Inc. and changed its name to Ingredion Incorporated in June 2012. Ingredion Incorporated was founded in 1906 and is headquartered in Westchester, Illinois.

Purification Calculator

As a halal stock with 0.36% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Ingredion Inc (INGR) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Ingredion Inc 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 Ingredion Inc's debt ratio?

Ingredion Inc's debt ratio is 27.0% 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 25.0%.

Does Ingredion Inc require dividend purification?

Yes, Ingredion Inc has an impermissible income ratio of 0.36%, which means 0.36% 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 Ingredion Inc's key financial metrics?

Ingredion Inc has a market capitalization of $7.1B, trailing P/E ratio of 10.0, and revenue of $7.2B. The company maintains a gross margin of 25.3% and a net margin of 10.1%. Return on equity stands at 18.1%.

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.