Annotated balance sheet · halal screening

Unilever PLC

The full balance sheet for UL, with the line items that feed each halal check marked and explained inline. Read it like a financial report that grades itself.

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Annotated balance sheet · halal screening

Unilever PLC — Q4 2025

Source: SEC Form 10-Q filed 2025-12-31 · via FMP · USD millions · Open filing

Assets

Current Assets

Cash & cash equivalents①

$4,528

Marketable securities①

$1,288

Accounts receivable

$8,818

Inventories

$4,645

Other current assets

$329

Total current assets

$19,608

Non-current Assets

Property, plant & equipment, net②tangible

$10,331

Operating lease right-of-use assets②tangible

Long-term marketable securities①

$3,521

Goodwill

$20,347

Intangible assets, net

$19,595

Other non-current assets

$6,248

Total non-current assets

$60,042

TOTAL ASSETS

$80,967

CHECK ①

Cash + Securities Ratio

under AAOIFI

7.4%

✓ PASS

Threshold≤ 30%Buffer22.6 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →45%

Caps how much of a company's value can be held in interest-bearing financial assets — too much suggests the business is more about earning interest than producing real goods/services.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.5.1

Liabilities

Current Liabilities

Accounts payable

$19,462

Other current liabilities

$807

Deferred revenue

Commercial paper③interest-bearing

Short-term debt③interest-bearing

$2,967

Total current liabilities

$23,235

Non-current Liabilities

Long-term debt③interest-bearing

$29,523

Other non-current liabilities

$686

Total non-current liabilities

$30,209

TOTAL LIABILITIES

$60,760

CHECK ③

Interest-bearing Debt Ratio

under AAOIFI

25.8%

✓ PASS

Threshold≤ 30%Buffer4.2 percentage points to spare

Breach risk

Stable

0%← Pass zone | Fail zone →45%

Caps how much of a company's value comes from interest-bearing loans. Companies that rely heavily on riba (interest-based debt) fail this check even if their business itself is permissible.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.4.2

Income Statement Excerpt (trailing 12 months)

Total revenue

$127,890

Of which:

Product & services revenue

$127,890

Interest income④non-permissible

$1,019

CHECK ④

Non-permissible Income Ratio

under AAOIFI

0.8%

✓ PASS

Threshold≤ 5%Buffer4.2 percentage points to spare

Breach risk

Comfortable

0%← Pass zone | Fail zone →8%

Caps what fraction of company revenue can come from non-permissible sources. If your stock passes but interest income is high, you'd 'purify' your share of that income through charity.

SourceAAOIFI Shariah Standard No. 21 (Financial Papers — Shares and Bonds), §3.6

Final verdict — under AAOIFI Standard

Halal

Sector check passes: ✓ yes

Want to verify against the primary document? Open full SEC filing

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