Is MNST halal?
Monster Beverage Corporation
Halal
Monster Beverage Corporation 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
NASDAQ
Price
45.73
Day
+0.86%
Market cap
$85.09B
Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
What the company does
Monster Beverage makes energy drinks (Monster, Reign, NOS, Bang), distributed by the Coca-Cola system, which owns 20%. It also has a small alcohol unit (Alcohol Brands — about 2% of revenue, checked by the screener). Its money comes from beverage sales.
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 $0 ÷ 36-month average market cap $63.61B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $3.42B ÷ 36-month average market cap $63.61B = 5.4%
5.4%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
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: $85.09B.
For information (AAOIFI 3/1 note): cash + receivables are 46.8% 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
- 0.10% weight · #184 of 503
- Among halal stocks
- 0.12% · #107 of 1455
- Held by funds
- SPUS 0.17% · HLAL 0.16%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 1 superinvestors · Average reported price: $96.12
- Lee AinslieMaverick Capital$252.8M2.3%
Company story
Monster Beverage tarixi: sharbat sotgan kichik kompaniya qanday qilib Apple va Nvidia'dan ham ko'proq o'sdi
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.