Coca-Cola FEMSA, S.A.B. de C.V.

KOF: Is Coca-Cola FEMSA, S.A.B. de C.V. Halal?

Coca-Cola FEMSA, S.A.B. de C.V.

NYSEConsumer DefensiveMX

$107.45

+0.66%

Market Cap: 22.6B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Coca-Cola FEMSA, S.A.B. de C.V. (KOF) halal? Not Halal. Based on AAOIFI screening, Coca-Cola FEMSA, S.A.B. de C.V. has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

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%.

381.8% of 30.0% limit

What this means for you

Most scholars advise not holding KOF

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Coca-Cola FEMSA, S.A.B. de C.V.

Coca-Cola FEMSA, S.A.B. de C.V., operating as a licensed bottler, is engaged in the manufacturing, marketing, sale, and distribution of beverages under the Coca-Cola brand. Its extensive product portfolio encompasses sparkling beverages, including various colas and flavored carbonated drinks, alongside a range of still beverages such as water, juice drinks, coffee, teas, milk, value-added dairy products, and both sports and energy drinks, as well as plant-based alternatives. These products reach consumers through a diverse network of distribution channels, including major retail chains like wholesale supermarkets, discount stores, and convenience outlets; various food service establishments such as restaurants and bars; large venues like stadiums, auditoriums, and theaters; general points of sale; and direct-to-consumer options including home delivery services and standard supermarkets. Furthermore, the company handles the distribution and sale of Heineken beer products within its Brazilian operations. The company maintains operations across several Latin American countries, specifically Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Brazil, Argentina, and Uruguay. Established in 1979, its headquarters are situated in Mexico City, Mexico. Coca-Cola FEMSA, S.A.B. de C.V. operates as a subsidiary under Fomento Economico Mexicano, S.A.B. de C.V.

Sector: Consumer Defensive · Industry: Beverages - Non-Alcoholic

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Failed

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

  • Prohibited activity detected: beer

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Coca-Cola FEMSA, S.A.B. de C.V. (KOF) halal to invest in?
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) 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 Coca-Cola FEMSA, S.A.B. de C.V. get a F compliance rating?
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 381.8% (limit 30%); interest-bearing deposits of 130.3% (limit 30%); prohibited income of 0.81% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Coca-Cola FEMSA, S.A.B. de C.V.'s Shariah verdict?
Coca-Cola FEMSA, S.A.B. de C.V.'s verdict is re-evaluated at each annual re-screen. 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 Coca-Cola FEMSA, S.A.B. de C.V. re-screened for Shariah compliance?
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 17, 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.