Celsius Holdings, Inc. (CELH) - Halal (Shariah-Compliant)
Celsius Holdings, Inc. (CELH) is classified as Halal (Shariah-Compliant) 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 - Non-Alcoholic
- Result
- Pass
- Reason
- The sector "Consumer Defensive" and industry "Beverages - Non-Alcoholic" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 5.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 5.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.84%.Based on the company's financial statements, approximately 0.84% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.84% of total income). Some scholars may differ on the exact calculation method.
About Celsius Holdings, Inc.
Celsius Holdings, Inc. develops, processes, manufactures, markets, sells, and distributes functional energy drinks in the United States, North America, Europe, the Asia Pacific, and internationally. The company offers CELSIUS ESSENTIALS, a functional energy drink formulated with aminos; and CELSIUS Hydration, a line of zero-sugar hydration powders featuring electrolytes in various fruit-forward flavors, as well as ready-to-drink energy beverages, on-the-go powder and hydration sticks, and nutrition and wellness products under CELSIUS, Alani Nu, and Rockstar brand names. It distributes its products through direct-to-store delivery, independent distributors, supermarkets, convenience stores, drug stores, nutritional stores, food service providers, and mass merchants, as well as natural food stores, fitness centers, mass market retailers, vitamin specialty stores, club stores, gyms, and e-commerce platforms. The company was formerly known as Vector Ventures, Inc. and changed its name to Celsius Holdings, Inc. in January 2007. Celsius Holdings, Inc. was founded in 2004 and is headquartered in Boca Raton, Florida.