Is Svenska Cellulosa Aktiebolaget SCA Stock Halal?

Svenska Cellulosa AB SCA engages in the provision of products from forests. The company is headquartered in Sundsvall, Vasternorrland and currently employs 3,380 full-time employees. The firm owns forests located in northern Sweden and the Baltic region. The firm offers paper for packaging and print, pulp, wood products, renewable energy, services for forest owners and transport solutions. SCA is organized into five segments: The Forest segment is responsible for supplying the Company’s industries with wood raw material. Its main activities are managing and harvesting on the firm’s forest and land, sourcing wood raw material from other forest owners and transportation to other industries; The Wood segment is responsible for the solid-wood business, which comprises sawmills and wood processing and distribution to the building materials trade; The Pulp segment manages pulp production; The Containerboard segment is responsible for manufacture and paper mills; The Renewable Energy segment develops wind power projects, pellets manufacture and sales.