NYSE Shariah screener · October 2026
Is Archer-Daniels-Midland Company (ADM) Halal?
Archer-Daniels-Midland Company · NYSE: ADM · Consumer Staples
The short answer
Archer Daniels Midland passes all three Shariah gates: a clean agribusiness (its ethanol is fuel/industrial, not beverage alcohol), debt of $8,410 million at 21.9% of its ~$38.33 billion market cap, and interest and investment income of $118 million at 0.15% of revenue.
Gate 1 — Business activity: PASS
Gate 1 — business activity: PASS. Archer-Daniels-Midland Company, per its FY2025 Form 10-K, is a global agricultural commodities processor (founded 1902, Chicago) operating three segments - Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition - procuring, processing and distributing oilseeds, corn and wheat around the world.
No haram segments were identified. Factual disclosure: its Carbohydrate Solutions segment produces ethanol for fuel and industrial use - not beverage alcohol. No alcoholic-beverage, tobacco, gambling, weapons or adult-entertainment segments are disclosed. The business passes gate 1.
Gate 2 — Debt and cash: PASS
Gate 2 — interest-bearing debt: PASS (21.9%, ceiling 33%). Per ADM's FY2025 Form 10-K consolidated balance sheet, short-term debt was $798 million, current maturities of long-term debt $1,006 million, and long-term debt $6,606 million - total debt of about $8,410 million.
$8,410 million against a market capitalization of about $38.33 billion (October 2, 2026; NYSE: ADM) is about 21.9%, under the 33% ceiling.
Gate 3 — Non-compliant income: PASS
Gate 3 — non-compliant income: PASS (0.15%, ceiling 5%). ADM's FY2025 Form 10-K consolidated statements of earnings report interest and investment (income) of $118 million against revenues of $80,269 million - about 0.15%, well under the 5% ceiling.
Key figures used
- Business: global agricultural commodities processor (founded 1902) — Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition; oilseeds, corn, wheat (FY2025 10-K)
- Haram assessment: no haram segments; Carbohydrate Solutions ethanol is fuel/industrial, not beverage alcohol — business-activity gate passes
- Debt: $798M short-term + $1,006M current maturities + $6,606M long-term = $8,410M (FY2025 10-K) ÷ ~$38.33B market cap (Oct 2, 2026) = 21.9% — under the 33% ceiling
- Interest income: $118M interest and investment (income) ÷ $80,269M revenues = 0.15% — under the 5% ceiling
- Market data: NYSE-listed (ADM); actively listed, confirmed October 2, 2026; Finnhub XNYS live quote; no delisting
- Third-party: Zoya rates ADM Shariah-compliant / halal (AAOIFI), confirming $118M / 0.15% — consistent with this PASS; no verifiable Musaffa or ShariaPortfolio rating
Frequently asked questions
What does Archer Daniels Midland do?
Archer-Daniels-Midland Company (NYSE: ADM, founded 1902, Chicago) is a global agricultural commodities processor. Per its FY2025 Form 10-K, it operates three segments - Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition - procuring, processing and distributing oilseeds, corn and wheat around the world.
Is Archer Daniels Midland's business Shariah compliant?
ADM's business shows no haram segments: it processes agricultural commodities (oilseeds, corn, wheat) and nutrition products. Factual disclosure: its Carbohydrate Solutions segment produces ethanol for fuel and industrial use - not beverage alcohol. No alcoholic-beverage, tobacco, gambling, weapons or adult-entertainment segments are disclosed. The business-activity gate passes.
How much interest-bearing debt does Archer Daniels Midland have?
ADM's FY2025 Form 10-K reports short-term debt of $798 million, current maturities of long-term debt of $1,006 million, and long-term debt of $6,606 million - total debt of about $8,410 million. Against a market capitalization of about $38.33 billion (October 2, 2026), that is about 21.9% - under the 33% ceiling.
How much interest income does Archer Daniels Midland earn?
ADM's FY2025 Form 10-K reports interest and investment (income) of $118 million against revenues of $80,269 million - about 0.15%, well under the 5% non-compliant income ceiling.
What do third-party Shariah screeners say about Archer Daniels Midland?
Zoya rates ADM as Shariah-compliant / halal (AAOIFI), confirming the same $118 million / 0.15% figures - consistent with this page's PASS. I could not verify a Musaffa rating page for ADM or a ShariaPortfolio rating from public sources. Third-party screeners apply different assumptions and update on different schedules - always check the latest screening before investing.
Sources
- Archer Daniels Midland FY2025 Form 10-K — full filing text
- Finnhub — Archer Daniels Midland financial market data (XNYS, market cap ~$38.33B, live quote Oct 2, 2026)
- Zoya — Archer Daniels Midland (ADM) Shariah compliance page (Shariah-compliant, AAOIFI)
Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.
Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).