![]() ![]() What is Coca-Cola’s Environmental, Social, and Governance (ESG) impact? Environment There appears to be a persistent reliance on the use of Riba in Coca-Cola’s operations. dollars Practical Islamic finance concludes: Interest Expense / Total Operating Expense Does Coca-Cola rely on interest to operate? This recent disposition of Coca-Cola with regards to alcoholic beverages, while not conclusively material, is cause for concern. It’s unclear how much of Coca-Cola’s revenue comes from alcoholic beverages although we would not be surprised if this portion grew with time since Coca-Cola is relatively new in this space. In the United States, the Company has authorized alcohol-licensed third parties to use certain of its brands on alcoholic beverages.Įven though the revenue from the alcoholic beverage segment could be very small, there is no way of determining the exact number since Coca-Cola does not publish details of the revenue from each product line. While coca-cola primarily identifies itself as a non-alcoholic beverage company, it has entered into the alcohol beverage segment in numerous markets outside the United States. Concentrate Operations and Finished Product Operations. ![]() How much of Coca-Cola’s revenue comes from haram?Ĭoca-Cola divides its source of revenue into two segments. The sugary drink was invented in 1886 by pharmacist John Stith Pemberton. ![]() The Coca-Cola Company is a US-based multinational beverage corporation, best known as the producer of Coca-Cola. After examining Coca-Cola’s source of revenue, the ratio of interest expense to total operating expense, and ESG impact we are uncomfortable investing in Coca-Cola from a Halal perspective. ![]()
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