Is Heineken NV halal to invest in?

According to Musaffa's Shariah screening methodology, Heineken NV (HEIA.AS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Heineken NV a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Heineken NV using these criteria to determine its compliance status.

Can Muslims buy shares of Heineken NV?

Muslim investors may consider investing in Heineken NV if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Heineken NV classified as NOT HALAL?

Musaffa determines the Shariah status of Heineken NV by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Heineken NV updated?

The Shariah compliance status of Heineken NV may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Heineken NV become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Heineken NV?

You can check the latest Shariah compliance status of Heineken NV on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Heineken NV HEIA.AS

€64.56 €1.74 (2.62%) 1D

Last Updated: May 04, 12:00 AM·AMS

HEIA.AS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 04, 2026

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for Heineken NV (HEIA.AS)

Based on 31 analysts giving stock ratings to Heineken NV in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Heineken NV. Stock Analysis HEIA.AS

Netherlands Consumer Staples Large Cap Report: Q2, 2025

Heineken NV engages in the manufacture and distribution of alcoholic and non-alcoholic beverages. The company is headquartered in Amsterdam, Noord-Holland and currently employs 85,000 full-time employees. The product range of HEINEKEN mainly consists of beer, soft drinks and cider. The firm operates through five reportable segments: Africa, Middle East & Eastern Europe; Americas; Asia Pacific, Europe, and Head Office and Other/eliminations. The Africa, Middle East and Eastern Europe segment includes brands, such as Heineken, Primus, Amstel, Walia and Goldberg. The Americas segment includes brands, such as Heineken, Tecate, Amstel, Sol and Dos Equis. The Asia Pacific segment includes brands, such as Heineken, Anchor, Larue, Tiger and Bintang. The Europe segment includes brands, such as Heineken, Cruzcampo, Birra Moretti, Zywiec and Strongbow Apple Ciders. The firm owns, markets and sells in more than 190 countries.

Key Statistics of Heineken NV (HEIA.AS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

€64.38€66.30

Today's Open

€66.30

Volume

785.29K

P/E Ratio (TTM)

19.47

52 Week Range

€64.34€81.66

Market Cap

38.90B

Avg. Volume

1.20M

Dividend Yield

3.48%

Financial Metrics & Statements of Heineken NV (HEIA.AS)

FAQ's for Heineken NV (HEIA.AS)

According to Musaffa’s Shariah screening methodology, Heineken NV (HEIA.AS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Alternate Halal Stocks for Heineken NV (HEIA.AS)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

	Name	Price	1D Change	Market Cap	Rating
	M Magnum Ice Cream Company NV MICC.AS	€13.08	3.38%	€7.60B	Unlock