Zevia PBC

ZVIA: Is Zevia PBC Halal?

Zevia PBC

NYSEConsumer DefensiveUS

$1.41

+0.71%

Market Cap: 101.2M

Compliance Status

Doubtful

Screened on Aug 26, 2026 · AAOIFI Standard 21

B+

Good

76Score

Is Zevia PBC (ZVIA) halal? Doubtful. Based on AAOIFI screening, Zevia PBC passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 76/100 (Grade: B+).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.7% of 30.0% limit

What this means for you

You may own ZVIA, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened ZVIA's prohibited income, but the exact share you would need to purify is part of Pro.

About Zevia PBC

Zevia PBC operates as a drinks company, involved in the creation, marketing, sale, and supply of various sparkling and still soft beverages across both the United States and Canada. Their extensive product line includes traditional sodas, invigorating energy drinks, a selection of organic teas, cocktail mixers, specialized children's drinks, and sparkling waters. The company makes its products readily available to consumers via a comprehensive array of retail avenues. These encompass major grocery distributors, prominent national retailers, wholesale club stores, and natural product specialists, in addition to a robust online sales platform. All items are exclusively offered under the well-recognized Zevia brand name. Established in 2007, Zevia PBC maintains its principal corporate office in Encino, California.

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

Why This Stock Is Doubtful

  • Interest-bearing deposits are 28.1% of market cap, only 1.9 points below the 30% limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Doubtful, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Zevia PBC (ZVIA) halal to invest in?
Zevia PBC (ZVIA) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Zevia PBC get a B+ compliance rating?
Zevia PBC (ZVIA) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Zevia PBC's Shariah verdict?
Zevia PBC'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 Zevia PBC re-screened for Shariah compliance?
Zevia PBC (ZVIA) 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: Aug 26, 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.