HEINYNot HalalF
Unlock full report, free

Is Heineken (HEINY) Stock Halal?

Compliance Status

Not Halal

Screened on Nov 2, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Heineken N.V. (HEINY) halal? Not Halal. Based on AAOIFI screening, Heineken N.V. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Heineken N.V. (HEINY) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Nov 2, 2026. Source: https://halalscreener.app/en/stock/HEINY

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

43.8% of 30.0% limit
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding HEINY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Share this verdict

A receipt-style image with the math on it, so whoever you send it to can check it.

Heineken N.V.

HEINY

Heineken N.V.

OTCConsumer DefensiveNL

$44.29

Market Cap: 49.1B

Screened on a market cap of 44.0B

Get an email if HEINY's halal status changes

We re-screen Heineken N.V. daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Heineken N.V.

Heineken N.V. specializes in the production and global distribution of alcoholic beverages, primarily beer and cider, supplemented by non-alcoholic options such as soft drinks and water. The company boasts an extensive portfolio of beer labels, featuring globally recognized names like Heineken, Amstel, Desperados, and Tiger, alongside numerous regional and local selections. Its cider offerings include popular brands such as Strongbow Apple Ciders, Bulmers, and Old Mout. This wide array of products is supplied to a diverse clientele, including retailers, bars, pubs, hotels, and restaurants throughout Europe, the Americas, Africa, the Middle East, Eastern Europe, and the Asia Pacific markets. Founded in Amsterdam, the Netherlands, in 1864, Heineken N.V. operates as a subsidiary of Heineken Holding N.V.

Sector: Consumer Defensive · Industry: Beverages - Alcoholic

Why this does not pass

  • Business activity: the company earns from an activity AAOIFI treats as prohibited.
  • Interest-bearing debt is 43.8% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Nov 2, 2026
AI Compliance InsightProSee plans

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Prohibited industry: Beverages - Alcoholic
  • Prohibited activity detected: beer
Revenue BreakdownProSee plans

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP-ADR

Halal Alternatives in Consumer Defensive

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

Free · No credit card required

Know the day HEINY's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Heineken N.V. (HEINY) halal to invest in?
Heineken N.V. (HEINY) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Heineken N.V. get a F compliance rating?
Heineken N.V. (HEINY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 43.8% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income over the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Heineken N.V.'s Shariah verdict?
Heineken N.V.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Heineken N.V. re-screened for Shariah compliance?
Heineken N.V. (HEINY) trades in the US as an ADR, so it is screened from the company's own financial statements in its home currency, currently those for fiscal year 2025, against its home-market market cap. It is re-screened about once a week. Last screened: Nov 2, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.