What is Venu Holding Corporation's Shariah compliance score?

Venu Holding Corporation's (VENU) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Venu Holding Corporation pass AAOIFI screening?

Venu Holding Corporation (VENU) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (VENU: 53.2%), (3) interest-bearing deposits below 30% (VENU: 37.3%), and (4) prohibited income below 5% (VENU: 3.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Venu Holding Corporation stock?

Venu Holding Corporation (VENU) has a non-permissible income ratio of 3.18%. Muslim investors should purify this percentage of any dividends received and capital gains realized from VENU shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Venu Holding Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Venu Holding Corporation (VENU) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about VENU's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

VENU: Is Venu Holding Corporation Halal?

Venu Holding Corporation

AMEXConsumer CyclicalUS

$2.18

+0.00%

Market Cap: 93.2M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

53.2% of 30.0% limit

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

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)

2.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

•Restaurants: estimated 2.0% peripheral exposure (AAOIFI industry average)

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

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 Cyclical

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

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

A+

TSLA

Tesla, Inc.

The Home Depot, Inc.

MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Venu Holding Corporation (VENU) halal to invest in?

Venu Holding Corporation (VENU) 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 Venu Holding Corporation get a F compliance rating?

Venu Holding Corporation (VENU) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 53.2% (limit 30%); interest-bearing deposits of 37.3% (limit 30%); prohibited income of 3.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Venu Holding Corporation's Shariah verdict?

Venu Holding Corporation'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 Venu Holding Corporation re-screened for Shariah compliance?

Venu Holding Corporation (VENU) 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.