Is STZ (Constellation Brands, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, STZ is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 2 of 4 compliance screens. Constellation Brands, Inc.'s core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 42.79% exceeds the ≤33% threshold.

Constellation Brands, Inc. is a major international producer and marketer of alcoholic beverages operating primarily in the Americas, New Zealand, and Italy. The company is best known for its massively popular beer brands like Corona and Modelo, alongside a wide portfolio of wines such as Kim Crawford and Meiomi. For Muslim investors using HalalStocks.co.uk, Constellation Brands is classified as Not Halal (Haram) and must be avoided entirely. The company fails the primary business activity screen because the production, marketing, and sale of intoxicants is strictly prohibited in Islamic law. From a financial perspective, STZ also fails the AAOIFI debt screening due to excessive leverage. The company carries a debt-to-market cap ratio of 42.8%, well above the 33% maximum limit, though its interest income remains compliant at 0.00%. Constellation Brands, Inc. operates in the Consumer Defensive sector under the Beverages - Wineries & Distilleries industry and is headquartered in Rochester, NY, US. The company is led by CEO Nicholas Ian Fink and employs approximately 10,600 people.

STZ was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. STZ passed 2 of these 4 screens.

STZ was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.