The Boston Beer Company, Inc.

SAM: Is The Boston Beer Company, Inc. Halal?

The Boston Beer Company, Inc.

NYSEConsumer DefensiveUS

$183.62

+3.37%

Market Cap: 2.0B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is The Boston Beer Company, Inc. (SAM) halal? Not Halal. Based on AAOIFI screening, The Boston Beer Company, Inc. 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

Well clear of the limit

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

2.0% of 30.0% limit

What this means for you

Most scholars advise not holding SAM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About The Boston Beer Company, Inc.

The Boston Beer Company, Inc. is a leading producer and marketer of alcoholic beverages, primarily focused on the United States market. Its most recognized offering is Samuel Adams Boston Lager. The company's diverse product portfolio features a range of beers, hard ciders, and hard seltzers, sold under popular brands like Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, and Concrete Beach. Domestically, Boston Beer distributes its products to approximately 400 wholesalers, while internationally, it leverages a network of wholesalers, importers, and agencies. These partners subsequently supply a wide variety of retail establishments, including grocery stores, club stores, convenience stores, liquor outlets, bars, restaurants, and stadiums. The company's global footprint also extends to Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and both Central and South America. Founded in Boston, Massachusetts, in 1984, the company maintains its headquarters there.

Sector: Consumer Defensive · Industry: Beverages - 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
  • Prohibited activity detected: liquor

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: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Defensive

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

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Frequently Asked Questions

Is The Boston Beer Company, Inc. (SAM) halal to invest in?
The Boston Beer Company, Inc. (SAM) 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 The Boston Beer Company, Inc. get a F compliance rating?
The Boston Beer Company, Inc. (SAM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.0% (limit 30%); interest-bearing deposits of 11.6% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change The Boston Beer Company, Inc.'s Shariah verdict?
The Boston Beer Company, Inc.'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 The Boston Beer Company, Inc. re-screened for Shariah compliance?
The Boston Beer Company, Inc. (SAM) 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.