VITL

Vital Farms Inc.

HALAL — DATA INCOMPLETEstock

Is VITL Halal?

Pasture-raised eggs and dairy producer with ethical and permissible business.

What You Should Know

Vital Farms produces pasture-raised eggs and butter. Business model is generally permissible with a focus on ethical animal treatment. Its March 29, 2026 Form 10-Q reports $492.644 million of assets, $9.387 million of interest-bearing finance-lease debt, $36.625 million of cash, $14.807 million of available-for-sale securities, $51.427 million of receivables and $187.155 million of 13-week net revenue. Debt/assets is 1.91%, liquidity/assets is 10.44%, receivables-plus-cash/assets is 17.87%, and disclosed interest income is 0.41% of revenue; financial ratios pass while supplier and certification claims remain qualitative.

⚠️ Concerns

  • Supplier and farm-network oversight
  • Animal-welfare and certification claims
  • Finance leases
  • Minor interest income

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-29; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
1.91%Within limit
Below 33.333% under FTSE Yasaar

9.387 / 492.644

Cash + interest-bearing securities / assets
10.44%Within limit
Below 33.333% under FTSE Yasaar

51.432 / 492.644

Receivables + cash / assets
17.87%Within limit
Below 50% under FTSE Yasaar

88.052 / 492.644

Non-compliant income / revenue
0.41%Within limit
No more than 5% under FTSE Yasaar

0.772 / 187.155

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

Debt/assets is 1.91%, liquidity/assets is 10.44%, receivables-plus-cash/assets is 17.87%, and disclosed income is 0.41% of revenue; business activity remains incomplete.

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

Debt/assets is 1.91%, liquidity/assets is 10.44% and receivables-plus-cash/assets is 17.87%, below the examined MSCI limits; activity remains qualitative.

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

Debt/assets is 1.91% and liquidity/assets is 10.44%; activity remains incomplete and 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
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.

Business-activity disclosure

Vital Farms packages, markets and distributes pasture-raised shell eggs, butter and related food products. The core food activity is generally permissible, while supplier practices, certification and animal-welfare claims require qualitative review.

Limitation: The filing does not allocate every supplier, product or preparation method into a universal prohibited-activity numerator.

Purification

Vital Farms discloses $0.772 million of interest income but does not provide a complete prohibited-activity numerator or scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Vital Farms' March 29, 2026 Form 10-Q.
  • Interest-bearing debt includes finance-lease liabilities of $5.780 million current and $3.607 million noncurrent; operating lease liabilities are excluded.
  • Cash and cash equivalents are $36.625 million and available-for-sale investment securities are $14.807 million.
  • Accounts receivable, net are $51.427 million and 13-week net revenue is $187.155 million. Interest income is $0.772 million.
  • Pasture-raised eggs, butter and food products are generally permissible, while supplier, certification and animal-welfare claims remain qualitative.

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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