Is HSY halal?
The Hershey Company
Halal
The Hershey Company passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
170.83
Day
+1.27%
Market cap
$32.56B
Industry
Confectioners
Sector
Consumer Defensive
What the company does
Hershey is the largest chocolate maker in the US: Hershey's, Reese's, Kit Kat (in the US), Twizzlers, Jolly Rancher, plus SkinnyPop popcorn and Dot's pretzels. Its money comes mostly from selling confectionery in North America.
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 $5.61B ÷ current market cap $32.56B = 17.2%
17.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $791.21M ÷ current market cap $32.56B = 2.4%
2.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $34.60M ÷ annual revenue $11.69B (2025) = 0.3%
0.3%
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.
For information (AAOIFI 3/1 note): cash + receivables are 12.2% 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
- 0.04% weight · #352 of 503
- Among halal stocks
- 0.05% · #216 of 1454
- Held by funds
- SPUS 0.06% · HLAL 0.06%
- Dividend
- 3.44% · purify 0.3% · net 3.43%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 4 superinvestors · Average reported price: $175.45
- Steven CheckCheck Capital Management$108.0M2.1%
- Hillman Capital Management$1.9M1.4%
- Mairs & Power Funds$10.7M0.1%
- Lee AinslieMaverick Capital$1.2M0.0%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 13 August 2026. Conclusion:
Hershey — shokolad/qandolat. MDLZ bilan bir xil: ayrim mahsulotlarda jelatin bo'lishi mumkin (ingrediyent darajasi), biznesning o'zi toza
Halal stocks in the same industry
The largest halal stocks in Confectioners — 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.