BROS

Dutch Bros Inc.

HALAL — DATA INCOMPLETEstock

Is BROS Halal?

Coffee and beverage chain with generally permissible business.

What You Should Know

Dutch Bros operates drive-thru coffee shops. Business model is generally permissible, though the March 31, 2026 filing shows 6.49% debt/assets, 8.49% liquidity/assets and 9.09% receivables-plus-cash/assets; interest income and a universal activity numerator are not separately disclosed.

⚠️ Concerns

  • Moderate debt levels
  • Growth company with expanding leverage
  • Interest income and activity allocation are not separately disclosed

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
6.49%Within limit
Below 33.333% under FTSE Yasaar

201.487 / 3,105.294

Cash + interest-bearing securities / assets
8.49%Within limit
Below 33.333% under FTSE Yasaar

263.517 / 3,105.294

Receivables + cash / assets
9.09%Within limit
Below 50% under FTSE Yasaar

282.283 / 3,105.294

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

Debt/assets is 6.49%, liquidity/assets is 8.49% and receivables-plus-cash/assets is 9.09%; these examined ratios pass, but interest income and activity allocation remain incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt, liquidity and receivables-plus-cash are below the examined total-assets limits; interest income and business activity remain undisclosed. This is not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Debt/assets and identifiable conventional cash and securities are below the examined Malaysia limits; activity and income allocation remain incomplete.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored.

Business-activity disclosure

Dutch Bros operates drive-thru coffee and beverage shops. The core activity is generally permissible under the retained qualitative analysis, while ingredients, franchise practices and customer use require continuing review.

Limitation: No universal prohibited-revenue allocation is inferred from product, franchise or store disclosures.

Purification

Interest income is not separately disclosed and business-category revenue remains incomplete; no fixed purification percentage is prescribed.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Dutch Bros' March 31, 2026 Form 10-Q.
  • Debt is the reported $147.000 million term loan, $50.000 million revolver, $4.155 million finance obligations and $0.144 million unsecured note; operating leases are excluded. Cash is $263.517 million and no separately identified interest-bearing securities are added.
  • Accounts receivable is $18.766 million and quarterly revenue is $464.412 million.
  • Interest income is not separately disclosed, and the filing does not provide a scholar-universal prohibited-revenue numerator for beverage ingredients or store activity.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own BROS? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track BROS and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →