USFD

US Foods Holding Corp.

DOUBTFUL — SCREEN DOES NOT PASSstock

Is USFD Halal?

Foodservice distributor whose core logistics business is permissible, but it distributes alcohol and pork and carries high leverage.

What You Should Know

US Foods Holding Corp. is a large foodservice distributor supplying restaurants, healthcare, hospitality and institutional customers. Its March 28, 2026 Form 10-Q reports assets of $14,164 million, interest-bearing debt of $5,167 million, cash of $49 million, receivables of $2,402 million and thirteen-week net sales of $9,610 million. Debt/assets is 36.48%, liquidity/assets is 0.35% and receivables-plus-cash/assets is 17.30%; the current filing-based debt screen fails. Distribution is permissible in itself, but alcohol, pork and other non-halal products are included and their revenue share is not disclosed.

⚠️ Concerns

  • Known interest-bearing debt/assets is 36.48%, above examined 33.333% limits
  • Distributes alcohol, pork and other non-halal products; the revenue share is hard to bound
  • Gross interest-income numerator unavailable; no fixed purification percentage asserted
  • Customer and restaurant mix requires qualitative review
  • The verdict is judgment-dependent — stricter investors may treat it as non-compliant, while others may accept the distribution core with purification

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-28; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
36.48%Above limit
Below 33.333% under FTSE Yasaar

5,167 / 14,164

Cash + interest-bearing securities / assets
0.35%Within limit
Below 33.333% under FTSE Yasaar

49 / 14,164

Receivables + cash / assets
17.30%Within limit
Below 50% under FTSE Yasaar

2,451 / 14,164

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

Debt/assets is 36.48%, above the examined limit; liquidity/assets is 0.35% and receivables-plus-cash/assets is 17.30%, while income and prohibited-product allocation are incomplete.

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

Debt/assets is 36.48%, above the examined MSCI total-assets limit; product-category classification remains incomplete.

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

Debt/assets is 36.48%, above the examined Malaysia limit; this is a calculation against SAC ratios, not an official classification.

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

A licensed historical market-cap series is not stored; the asset-based debt failure remains material.

Business-activity disclosure

US Foods distributes food and related products to restaurants, healthcare, hospitality and institutional customers. Distribution is permissible in itself, but alcohol, pork and other non-halal products are included in the product mix.

Limitation: The filing does not allocate revenue to alcohol, pork or other prohibited product categories as a universal numerator.

Purification

The filing reports net interest expense but no standalone gross interest-income numerator, and it does not quantify prohibited product revenue; no fixed purification percentage is asserted.

Inputs, assumptions and primary sources
  • Amounts are USD millions from US Foods' March 28, 2026 Form 10-Q.
  • Interest-bearing debt is $142 million current plus $5,025 million noncurrent; operating leases are excluded.
  • Cash and cash equivalents are $49 million; receivables combine $2,170 million customer receivables and $232 million vendor receivables.
  • Thirteen-week net sales are $9,610 million; the filing reports net interest expense and no standalone gross interest-income numerator.
  • Foodservice distribution is permissible in principle, but alcohol, pork and other non-halal products are distributed and the filing does not quantify their revenue share.

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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