Ambev S.A. (ABEV) - Questionable
Ambev S.A. (ABEV) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Defensive
- Industry
- Beverages - Brewers
- Result
- Doubtful
- Reason
- This company requires further review: description contains keywords that may indicate non-permissible activities: beer. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 1.5% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 9.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.6% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.59%.Based on the company's financial statements, approximately 1.59% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.59% of total income). Some scholars may differ on the exact calculation method.
About Ambev S.A.
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.
Frequently Asked Questions
Is Ambev S.A. (ABEV) stock halal to invest in?
According to AAOIFI Shariah screening standards, Ambev S.A. (ABEV) is currently classified as Questionable. This is based on both business activity and financial ratio screening.

