MNST - Monster Beverage Corp

MNST

Compliant
Exchange
Sector
Headquarters
Group
NASDAQ
Consumer Non-Cyclicals
USA
Large Cap

Monster Beverage Corp is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

3.79%

Impure Income*

$0.079

Purification*

$0.150

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
BUY
$93.79
27
26.89%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
29.82%
22.97%
3.15
3.70
11.72%

Shariah Compliance

  • Updated on July 21, 2026
Debt
✓
Non-Compliant Assets
1.88%
✓
Impure Income
3.79%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
0.01%
✓
Impure Income
3.79%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
0.01%
✓
Impure Income
3.79%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
0.04%
✓
Cash
18.81%
✓
Cash & AR
36.17%
✓
Impure Income
3.79%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
0.04%
✓
Cash
18.81%
✓
Cash & AR
36.17%
✗
Impure Income
3.79%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

Alcohol Brands
2.59%
Interest Income
1.2%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Monster Beverage Corporation is a holding company. The Company, through its subsidiaries, develops, markets, sells and distributes energy drink beverages and concentrates on energy drink beverages under various brand names. Its Monster Energy Drinks segment primarily consists of its Monster Energy drinks, Reign Total Body Fuel high performance energy drinks, Reign Storm total wellness energy drinks and Bang Energy drinks. Its Strategic Brands segment primarily consists of energy brands such as Predator and Fury. Its Alcohol Brands segment consists of various craft beers, hard seltzers and flavored malt beverages. Its Other segment consists of certain products sold by American Fruits and Flavors LLC, a wholly owned subsidiary of the Company, to independent third-party customers. It also develops, markets, sells and distributes still and sparkling water under the Monster Tour Water brand name. Its other brands include Punch Monster, Juice Monster, Ultra Energy, Samurai and others.

Ready to get started with halal investing? Open an Account Today!

Opening an account has never been easier! Please fill out the form here and an advisor will be in touch to walk you through the process!

Still have some further questions?

Schedule a Free Consultation