Is CELH halal?
Celsius Holdings, Inc.
Halal
Celsius Holdings, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
28.19
Day
+0.11%
Market cap
$7.07B
Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
What the company does
Celsius sells energy drinks (Celsius and, since 2025, Alani Nu); PepsiCo is its distribution partner and shareholder. Its money comes from beverage sales to retailers.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $667.85M ÷ 36-month average market cap $11.11B = 6.0%
6.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $631.23M ÷ 36-month average market cap $11.11B = 5.7%
5.7%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $21.09M ÷ annual revenue $2.52B (2025) = 0.8%
0.8%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $7.07B.
For information (AAOIFI 3/1 note): cash + receivables are 26.4% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.01% · #494 of 1454
- Held by funds
- Not held by any tracked fund
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $29.28
- First Eagle Investment Management$2.7M0.0%
Exited this quarter: Lee Ainslie
All superinvestor portfolios
Company story
The Celsius story: from penny stock to a 90x energy drink in four years
Read the story
Halal stocks in the same industry
The largest halal stocks in Beverages - Non-Alcoholic — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.