International Paper Co

IP

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Basic Materials
USA
Large Cap

International Paper Co is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

0.93%

Impure Income*

$0.089

Purification*

$0.048

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
BUY
$41.90
14
13.43%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-0.03%
-12.01%
1.02
1.28
802.34%

Shariah Compliance

Debt
47.19%
Non-Compliant Assets
Impure Income
0.93%

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
49.47%
Impure Income
0.93%

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
42.04%
Impure Income
0.93%

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
24.96%
Cash
3.39%
Cash & AR
14.63%
Impure Income
0.93%

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
24.96%
Cash
3.39%
Cash & AR
14.63%
Impure Income
0.93%

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
0.93%

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

International Paper Company provides sustainable packaging solutions. The Company is engaged in producing renewable fiber-based packaging products with manufacturing operations in North America, Latin America, Europe and North Africa. Its segments include Packaging Solutions North America and Packaging Solutions EMEA. The Company’s products and services include Packaging, Packaging Services, and Recycling. It provides corrugated packaging, solid fiber, corrugated sheets, retail displays, bulk packaging, and more. It also offers related services such as design and fulfillment to support these solutions. It provides a range of packaging and display services, from design and testing to fulfillment, including structural design, graphic design services, printing, testing, fulfillment and assembly and mechanical packaging. Its recycling solutions and services manage fiber recovery programs for retailers, grocers, e-commerce, distribution centers, manufacturers, and our own box plants.