Is Heineken (HEIA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| DJIM | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| MSCI | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| S&P | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| FTSE | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 37.0% | |
| Operating Margin | 13.4% | |
| Net Margin | 6.6% | |
| Return on Equity (ROE) | 9.9% | |
| Return on Assets (ROA) | 4.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $5.0B |
| Free Cash Flow | $2.6B |
| Total Debt | $19.3B |
| Debt-to-Equity | 93.5 |
| Current Ratio | 0.9 |
| Total Assets | $53.8B |
Price & Trading
| Last Close | EUR 66.06 |
| 50-Day MA | EUR 71.87 |
| 200-Day MA | EUR 70.21 |
| Avg Volume | 780K |
| Beta | 0.5 |
|
52-Week Range
EUR 64.52
| |
About Heineken (HEIA)
Heineken N.V. brews and sells beer and cider in Europe, the Americas, Africa, the Middle East, and the Asia Pacific. The company also provides soft drinks. It sells its products under the Heineken, Heineken 0.0, Heineken Silver, Amstel, Moretti, Tiger, Desperados, Edelweiss, Lagunitas, Orchard Thieves, Windhoek, Dos Equis, Red Stripe, Kingfisher, Bintang, Gosser, Affligem, Mort Subite, Strongbow, Stassen, Bulmers, Old Mout, Savanna, Turbo King, Tecate, Lagunitas Hoppy Refresher, Bia Viet, Tiger Crystal, Birra Moretti, Harar, Cruzcampo, Bernini, Legend Stout, Beavertown, Stëlz, Texels, Ladrón, Bandida, Stibitzer, El Aguila, and Murphy's brands. In addition, the company engages in rental of pubs and bars; wholesale activities; and pub management and technical services. The company offers its products to retailers, wholesalers and distributors, bars, restaurants, clubs, cafes, and hotels. Heineken N.V. was incorporated in 1864 and is headquartered in Amsterdam, the Netherlands. Heineken N.V. is a subsidiary of Heineken Holding N.V.
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Frequently Asked Questions
Is Heineken (HEIA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Heineken is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Heineken's debt ratio?
Heineken's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Heineken's key financial metrics?
Heineken has a market capitalization of $36.4B, trailing P/E ratio of 19.3, and revenue of $28.8B. The company maintains a gross margin of 37.0% and a net margin of 6.6%. Return on equity stands at 9.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.