BUD
Anheuser-Busch InBev
Is BUD Halal?
Global brewer and alcohol-beverage company; the latest audited balance sheet also narrowly exceeds the examined debt limit.
What You Should Know
AB InBev's latest audited December 31, 2025 statements report $218,808m assets, $73,013m debt, $11,638m cash and $5,406m receivables. Debt/assets is 33.37%; Q1 2026 revenue was $15,267m. Alcohol production remains the decisive qualitative fail.
⚠️ Concerns
- •Beer and spirits production
- •Debt/assets marginally above examined limits
- •Beyond Beer includes spirits-based products
Current quantitative Sharia screen
Based on 20-F figures for the period ended 2025-12-31; calculated 2026-07-14.
73,013 / 218,808
12,105 / 218,808
17,044 / 218,808
511 / 59,320
- Financial
- Fails
- Overall
- Fails
Debt/assets is 33.37%, marginally above the examined 33.333% limit; the alcohol-business screen also fails.
- Financial
- Fails
- Overall
- Fails
Debt/assets is above the examined MSCI limit and the alcohol-business screen fails.
- Financial
- Fails
- Overall
- Fails
Debt/assets is above the examined Malaysia limit; this is not an official SAC classification.
- Financial
- Not calculated
- Overall
- Not calculated
A licensed historical market-cap series is not stored.
Business-activity disclosure
AB InBev is a global brewer and alcohol-beverage company. Alcohol production and sale is the core business and fails the site's qualitative activity screen.
Limitation: The activity numerator uses total revenue as a conservative core-business proxy; no official Sharia classification is implied.
Purification
Interest income is disclosed, but a complete purification calculation is outside ZakatInvest's scope and no fixed percentage is prescribed.
Inputs, assumptions and primary sources
- Balance-sheet amounts are USD millions from AB InBev's audited December 31, 2025 financial statements; the latest Q1 2026 release reported revenue of $15,267m but did not include a current consolidated balance sheet.
- Debt is interest-bearing current and non-current loans and borrowings; current and non-current investment securities total $467m.
- Trade and other receivables are the latest audited net balances; interest income was $511m in FY2025.
- The balance-sheet date is intentionally shown as 2025-12-31 to avoid presenting unavailable Q1 balance-sheet figures as current.
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.
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