Is Brera (SLMT) stock Halal?
As of the September 2026 screening, Brera Holdings Plc (SLMT) meets every AAOIFI Shariah Standard No. 21 requirement: non-permissible income, interest-bearing investments and interest-bearing debt all sit within the thresholds, and there is no impermissible preference share structure. The dividend purification factor is 100%. The stock is re-screened every month.
Brera Holdings PLC Class B Ordinary Shares represent ownership in an Irish holding company specializing in the development, management, and operation of professional sports clubs, primarily within men's football. The company aims to enhance club value through tournament participation, sponsorship acquisition, player transfers, and consulting services related to football and volleyball. Its flagship club, Brera FC, embodies the company’s social impact mission within sports. For Muslim investors, though, the most pressing question is simpler: is Brera a Halal investment?
Is Brera Shariah compliant?
Media and platform businesses sit closer to the activity screen than most: advertising, content and app ecosystems can carry impermissible elements, and AAOIFI Shariah Standard No. 21 tolerates them only below 5% of revenue. For Brera, that is where the screening attention goes first, before the debt ratios.
Does Brera pass the business activity test?
Yes. In the September 2026 screening Brera holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is content: advertising and programming can include impermissible material, which AAOIFI treats as incidental only below the 5% revenue ceiling.
Is Brera's income Halal?
Yes, within AAOIFI's tolerance. Brera's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of SLMT what share of each dividend to keep and what remainder to donate to charity.
Does Brera meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has SLMT re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read Why a Halal Stock Screener Matters for Halal Investing



