No. As of October 2026, Stora Enso Oyj (STERV.HE) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Stora Enso Oyj does not pass Musaffa's business and financial screening criteria.
Stora Enso Oyj engages in the manufacturing and marketing of newsprint, book paper, magazine paper, fine paper, consumer board, industrial packaging, and wood products. The company is headquartered in Helsinki, Etela-Suomen and currently employs 18,515 full-time employees. The firm has six divisions: the Packaging Materials division provides renewable packaging materials based on both virgin and recycled fiber, the Packaging Solutions division develops and sells premium fiber-based packaging products and services; the Biomaterials division offers a variety of pulp grades to the paper, board, tissue, textile and hygiene product producers; the Wood Products division is a sawn wood producer and a provider of wood-based solutions to the construction industry; the Forest division manages Stora Enso’s forest assets in Sweden and is responsible for wood sourcing for Stora Enso’s Nordic, Baltic and Russian operations and the Paper division, that provides paper products made from recycled and virgin fiber. Stora Enso Oyj operates worldwide.
Stora Enso Oyj STERV.HE
Last Updated: Oct 07, 12:00 AM·OMX
STERV.HE Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Stora Enso Oyj is classified as not halal.
Finland Materials Mid Cap