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Is TAP (Molson Coors Beverage Company) Halal or Haram?

New York Stock ExchangeConsumer DefensiveBeverages - Alcoholic$7.91B2026-04-29
TAP is Haram (Not Halal)2/4 screens passed

Molson Coors Beverage Company is classified as non-compliant primarily due to its core business of producing and selling alcoholic beverages. Furthermore, the company fails the financial screening with a highly leveraged debt-to-market cap ratio of 79.7%, far exceeding the 33% AAOIFI threshold. Consequently, the stock is strictly haram for Muslim investors.

Price Chart (5D)

$39.04-0.85 (-2.13%)
2026-06-052026-05-29

TAP — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-06-0538.7139.3538.6539.062.7M+0.90%
2026-06-0439.1639.2238.0438.432.9M-1.86%
2026-06-0338.8338.9538.3538.622.7M-0.54%
2026-06-0239.0939.4238.6738.913.5M-0.46%
2026-06-0139.2240.5339.0239.033.8M-0.48%
2026-05-2940.0240.3539.3939.534.1M-1.22%
2026-05-2841.1841.3340.3740.573.3M-1.48%

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Shariah Screening Details for TAP

Business Activity

Non-Compliant

Molson Coors fails the business activity screen because its core operations involve manufacturing and selling alcoholic beverages, which are strictly prohibited (haram) in Islamic finance.

Debt / Market Cap

79.68%

Debt: $6.30BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

11.34%

Cash: $896.5MThreshold: ≤33%

About Molson Coors Beverage Company (TAP)

Molson Coors Beverage Company is a major global brewer that manufactures, markets, and sells beer and malt beverages. Founded in 1774 and based in Golden, Colorado, it produces a wide range of flavored malt beverages, craft beers, and ready-to-drink options across the Americas, Europe, and Asia Pacific.

For Muslim investors, TAP stock is strictly Not Halal (Haram) and must be avoided. The company fails the core business activity screen due to its direct involvement in the alcohol industry, and it also fails the debt screening, passing only two out of the four AAOIFI criteria.

From a financial screening perspective, Molson Coors carries a significant debt burden, with a debt-to-market cap ratio of 79.7%, well above the 33% Islamic finance limit. While its interest-bearing securities and interest income levels are within permissible bounds, the excessive debt and prohibited revenue sources make it uninvestable.

Since the primary business revolves around alcohol, there is no scholarly debate regarding its non-compliance. Halal investors should entirely exclude Molson Coors from their portfolios and look toward permissible companies within the broader consumer defensive sector.

CEO

Rahul Goyal

Employees

16,800

IPO Date

1975-06-12

Headquarters

Golden, CO, US

TAP Key Financial Statistics

Revenue

$11.14B

Net Income

$-2.14B

EPS (Diluted)

$-10.85

Stock Price

41.99

Beta

0.50

52-Week Range

41.04-58.01

Total Debt

$6.30B

Total Equity

$10.23B

Current Ratio

0.55

TAP Financial Health & Profitability

Profit Margins

Gross Margin37.6%
Operating Margin-21.0%
Net Margin-19.2%

Revenue Growth (YoY)

-4.2%

Prior year: $11.63B

Net Debt

$5.40B

Cash: $896.5M — Debt: $6.30B

Frequently Asked Questions About TAP

Is TAP (Molson Coors Beverage Company) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, TAP is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 2 of 4 compliance screens. Molson Coors Beverage Company's core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 79.68% exceeds the ≤33% threshold.
What does Molson Coors Beverage Company do?
Molson Coors Beverage Company is a major global brewer that manufactures, markets, and sells beer and malt beverages. Founded in 1774 and based in Golden, Colorado, it produces a wide range of flavored malt beverages, craft beers, and ready-to-drink options across the Americas, Europe, and Asia Pacific. For Muslim investors, TAP stock is strictly Not Halal (Haram) and must be avoided. The company fails the core business activity screen due to its direct involvement in the alcohol industry, and it also fails the debt screening, passing only two out of the four AAOIFI criteria. From a financial screening perspective, Molson Coors carries a significant debt burden, with a debt-to-market cap ratio of 79.7%, well above the 33% Islamic finance limit. While its interest-bearing securities and interest income levels are within permissible bounds, the excessive debt and prohibited revenue sources make it uninvestable. Since the primary business revolves around alcohol, there is no scholarly debate regarding its non-compliance. Halal investors should entirely exclude Molson Coors from their portfolios and look toward permissible companies within the broader consumer defensive sector. Molson Coors Beverage Company operates in the Consumer Defensive sector under the Beverages - Alcoholic industry and is headquartered in Golden, CO, US. The company is led by CEO Rahul Goyal and employs approximately 16,800 people.
What screening criteria were used for TAP?
TAP 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. TAP passed 2 of these 4 screens.
When was TAP last screened?
TAP 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.

Disclaimer

This shariah compliance assessment for TAP (Molson Coors Beverage Company) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

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