Corning Incorporated

GLW

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Technology
USA
Large Cap

Corning Incorporated is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

0.27%

Impure Income*

$0.013

Purification*

$0.128

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
BUY
16.65%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
14.58%
11.15%
1.04
1.59
30.47%

Shariah Compliance

  • Updated on September 15, 2026
Debt
6.34%
✓
Non-Compliant Assets
1.46%
✓
Impure Income
0.27%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
13.38%
✓
Impure Income
0.27%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
10.53%
✓
Impure Income
0.27%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
25.56%
✓
Cash
13.49%
✓
Cash & AR
22.47%
✓
Impure Income
0.27%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
25.56%
✓
Cash
13.49%
✓
Cash & AR
22.47%
✓
Impure Income
0.27%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.27%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Corning Incorporated operates as an innovator in materials science. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry and others. Its Glass Innovations segment utilizes proprietary melting, precision forming, strengthening, and finishing processes to create flat glass substrates for LCD and OLED displays and cover materials for mobile consumer electronics; and provides material formulations and optical fabrication for specialty glass, glass ceramic, fluoride crystal, and other precision materials and components for various applications. Its Automotive segment manufactures ceramic substrates and filter products for emissions control systems in mobile applications; as well as technical glass and optic products and solutions for the interior and exterior of vehicles. Its Solar segment manufactures silicon materials and products for semiconductors and solar applications.