KHC
The Kraft Heinz Company
Is KHC Halal?
Packaged-food manufacturing is generally permissible, but pork-product exposure remains a binding qualitative Sharia concern even though the current asset-based financial ratios pass.
What You Should Know
Kraft Heinz's first-quarter 2026 Form 10-Q reports $82,046 million of assets, $21,133 million of current and long-term debt, $3,308 million of cash, $783 million of marketable securities and $2,306 million of trade receivables. That produces debt/assets of 25.76%, cash plus marketable securities/assets of 4.99%, and receivables plus cash/assets of 6.84%. Disclosed interest income is $42 million against $6,047 million of quarterly sales (0.69%). The examined FTSE Yasaar, MSCI total-assets and Malaysia SAC financial ratios pass; market-cap methods are not calculated. The qualitative business screen remains doubtful because Oscar Mayer and other meat categories include pork products, while the filing does not quantify a consolidated pork-revenue numerator.
⚠️ Concerns
- •Oscar Mayer and other meat categories include pork products; the exact consolidated pork-revenue percentage is not separately disclosed
- •Current asset-based financial ratios pass, but a separate market-cap denominator series is not calculated
- •Some formulations may contain alcohol-derived flavorings or non-halal-certified ingredients
- •Goodwill and intangible assets, divestitures and the paused separation plan require continuing portfolio and structure review
- •Supply-chain, commodity, labor, packaging, environmental and geopolitical risks remain broader ethical-diligence topics
- •The filing discloses interest income but does not prescribe a scholar-approved purification percentage
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-28; calculated 2026-07-13.
21,133 / 82,046
4,091 / 82,046
5,614 / 82,046
42 / 6,047
- Financial
- Pass
- Overall
- Incomplete
Debt is 25.76%, liquidity is 4.99%, receivables plus cash are 6.84%, and disclosed interest income is 0.69%; the examined financial ratios pass, but the filing does not quantify a prohibited-revenue numerator and the qualitative pork-product concern remains for scholar review.
- Financial
- Pass
- Overall
- Incomplete
The examined total-assets financial ratios pass, but the filing does not quantify a prohibited-revenue numerator; disclosed pork-product categories keep the qualitative conclusion incomplete. This is not an index-membership claim.
- Financial
- Pass
- Overall
- Incomplete
Debt and identifiable cash and marketable securities are below the examined Malaysia SAC financial limits, but the filing does not quantify prohibited product revenue and the pork-product concern requires qualitative review. This is not an official SAC classification of a U.S.-listed security.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible historical market-cap series is not stored, so these methods are not estimated from a current spot price.
Business-activity disclosure
Kraft Heinz manufactures packaged foods and condiments, a permissible activity category in general. Its portfolio also includes pork-product exposure through Oscar Mayer and other meat categories, which is a binding qualitative concern under stricter Sharia views.
Limitation: The filing reports segment and product-category information but does not provide a reproducible prohibited-revenue numerator for pork products, alcohol-derived flavorings or every product SKU; no exact percentage is asserted.
Purification
Kraft Heinz discloses interest income but does not prescribe a scholar-approved purification percentage. Because the qualitative prohibited-revenue screen is also not quantified, readers should follow the qualified scholar or methodology they use rather than applying an invented fixed rate.
Inputs, assumptions and primary sources
- Inputs use Kraft Heinz's March 28, 2026 Form 10-Q; amounts are USD millions and revenue and interest income are for the quarter.
- Debt uses $1,910 million of current long-term debt plus $19,223 million of long-term debt, with carrying-value rounding reconciled to the filing's approximately $21.1 billion total debt; operating leases are not added separately.
- Cash uses $3,308 million of cash and cash equivalents. Interest-bearing securities use $783 million of current marketable securities; the filing also reports available-for-sale debt securities within that balance.
- Trade receivables use the reported $2,306 million net balance. Inventories, goodwill and other current assets are not added.
- Quarterly net sales are $6,047 million and disclosed interest income is $42 million. The screen does not infer a fixed purification rate.
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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