Reed's, Inc. (REED) is classified as Not Halal (Non-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
Doubtful
Reason
This company requires further review: description contains keywords that may indicate non-permissible activities: liquor, beer. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
Debt Ratio
Value: 40.4% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 9.7% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements, so this calculation finds nothing to purify based on available data.
About Reed's, Inc.
Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
Frequently Asked Questions
Is Reed's, Inc. (REED) stock halal to invest in?
According to AAOIFI Shariah screening standards, Reed's, Inc. (REED) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Screened October 25, 2026·Annual income statement: year ended 31 Dec 2025·Balance sheet as of 30 Jun 2026
Business Activity
Warn
Consumer DefensiveBeverages - Non-Alcoholic
This company requires further review: description contains keywords that may indicate non-permissible activities: liquor, beer. The sector "Consumer Defensive" is not categorically excluded, but deeper analysis is recommended.
Business-activity data: inferred from the company description (lower confidence). How coverage works
No non-permissible income detected in the financial statements, so this calculation finds nothing to purify based on available data.
Uses quarterly data
About Reed's, Inc.
Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.
United StatesAMEXConsumer Defensive
Screened using AAOIFI Standard No. 21 on October 25, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Oct 25, 2026. We started recording changes on Oct 25, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Reed's, Inc. (REED) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 0.0% of Reed's, Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
REED is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Reed's, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch REED free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 0.00% of dividend income from Reed's, Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
Identified interest income is 0.0% of Reed's, Inc.'s total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if REED stock is Shariah-compliant?
REED is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Reed's, Inc. stock reviewed for Shariah compliance?
Reed's, Inc.'s compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Reed's, Inc.'s compliance status?
Watch REED free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from Reed's, Inc. stock considered halal?
Approximately 0.00% of dividend income from Reed's, Inc. comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my Reed's, Inc. shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
