As of August 2026, Cloetta AB is classified as not halal.
NOT HALAL
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Cloetta AB. Stock Analysis CLOEF
United States Consumer Staples Small Cap
Cloetta AB manufacturse, and markets sugar confectionery, chocolate products, pastilles, and chewing gum. The primary ingredient for its products is cocoa. The firm uses cocoa mass that is produced from seeds found in the fruit of cocoa trees grown along the equator. The company produce and sells products within three main categories, namely Chocolate, which comprises chocolate wafers, plates, pralines and dragees; Sugar confectionery, which comprises foam, wine gums, liquorice, toffees, hard boiled candy, chewy candy, toffee/fudge/caramel and lollypops, and Refreshment, which comprises pastilles and chewing gum. The firm owns such brands, as Lakerol, Cloetta, Jenkki, Kexchoklad, Malaco, Sportlife, Saila, Red Band and Sperlari. The firm has 12 production units in six countries. In January 2014, it acquired Alrifai Nutisal AB. In May 2014, it acquired 75% of shares of Aran Candy Ltd and the brand The Jelly Bean Factory, Irish company producing and selling gourmet Jelly Beans.
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Financial Metrics & Statements of Cloetta AB (CLOEF)
FAQ's for Cloetta AB (CLOEF)
As of August 2026, Cloetta AB CLOEF is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Cloetta AB using these criteria to determine its compliance status.
Muslim investors may consider investing in Cloetta AB if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Cloetta AB by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Cloetta AB may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Cloetta AB on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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