Is PEP halal?
Pepsico, Inc.
Halal
Pepsico, 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
131.49
Day
+2.42%
Market cap
$177.60B
Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
What the company does
PepsiCo sells beverages (Pepsi, Mountain Dew, Gatorade, Tropicana) and snacks (Lay's, Doritos, Cheetos, Quaker). The snacks unit (Frito-Lay) brings more than half the profit; its money comes from selling products 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 $53.21B ÷ 36-month average market cap $210.43B = 25.3%
25.3%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $10.72B ÷ 36-month average market cap $210.43B = 5.1%
5.1%
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: $177.60B.
For information (AAOIFI 3/1 note): cash + receivables are 21.6% 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
- 0.26% weight · #64 of 503
- Among halal stocks
- 0.26% · #54 of 1454
- Held by funds
- SPUS 0.45%
- Dividend
- 4.56% · no purification data
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 9 superinvestors · Average reported price: $134.68
- Lindsell Train$138.6M5.3%
- Yacktman Asset Management$280.7M3.5%
- David KatzMatrix Asset Advisors$37.7M3.1%
- Jensen Investment Management$10.8M0.3%
- Kahn Brothers Group$244K0.0%
- First Eagle Investment Management$13.1M0.0%
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.