Compliance Status
Not Halal
Screened on Oct 15, 2026 · AAOIFI Standard 21
Non-Compliant
Is Venu Holding Corporation (VENU) halal? Not Halal. Based on AAOIFI screening, Venu Holding Corporation passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Venu Holding Corporation (VENU) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/VENU
Business activity
Its main business is permissible, with some incidental non-compliant revenue.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding VENU
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page

VENU: Is Venu Holding Corporation Halal?
Venu Holding Corporation
$1.16
Market Cap: 65.6M
Get an email if VENU's halal status changes
We re-screen Venu Holding Corporation 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 Venu Holding Corporation
Venu Holding Corporation operates as an enterprise within the entertainment and hospitality sectors. The company specializes in the conceptualization, development, ownership, and management of premium music venues, outdoor concert amphitheatres, and full-service restaurants and bars throughout the United States. Its portfolio encompasses a variety of branded operations: indoor music venues under the "Bourbon Brothers Presents" banner, outdoor performance spaces known as "The Sunset Amphitheater," and a selection of restaurants including "Bourbon Brothers Smokehouse & Tavern," "Notes Eatery," "Roth's Seafood & Chophouse," and "Notes Hospitality Collection." Additionally, the company manages bar establishments under the "Brohan's" brand. Beyond its core properties, Venu Holding Corporation also organizes events and offers its venues for rental. Established in 2017, the corporation is headquartered in Colorado Springs, Colorado. It was formerly known as Notes Live, Inc., officially changing its name to Venu Holding Corporation in September 2024.
Sector: Consumer Cyclical · Industry: Restaurants
Why this does not pass
- Interest-bearing debt is 187.7% 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why VENU is rated Not Halal with institutional-grade analysis
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.
- •Estimated 2.0% of revenue from non-compliant sources. This is an average for Restaurants, not a figure the company reports.
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
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.
Screened according to AAOIFI Standard 21
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.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Consumer Cyclical Stocks
Know the day VENU'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.
Frequently Asked Questions
Is Venu Holding Corporation (VENU) halal to invest in?
Why did Venu Holding Corporation get a F compliance rating?
What could change Venu Holding Corporation's Shariah verdict?
How often is Venu Holding Corporation re-screened for Shariah compliance?
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.