Is The Hershey Co. HSY stock Halal to invest in?

Yes, as of September 2026, The Hershey Co. stock (HSY) is classified as a Shariah compliant stock. For a Muslim investor, the question is settled by AAOIFI Shariah Standard No. 21, and The Hershey Co. satisfies it in full this month: incidental non-permissible income sits inside the 5% threshold, neither interest-bearing debt nor interest-bearing investments breaches the 30% market capitalisation caps, and no impermissible preference share structure exists. The stock's current purification factor is 99.79%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of The Hershey Co. and explore other Shariah compliant stocks in the Tabadulat app.

How often is The Hershey Co. HSY reviewed for Shariah compliance?

Tabadulat reviews The Hershey Co. HSY for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for The Hershey Co. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does The Hershey Co. HSY pass the AAOIFI Non Permissible Income criteria?

Yes, as of September 2026, The Hershey Co. stock (HSY) passes the AAOIFI non-permissible income screen. AAOIFI permits a small tolerance because large companies rarely avoid incidental impermissible income entirely, most often interest on cash balances. The ceiling is 5% of total revenue, and The Hershey Co. sits inside it in the latest screening. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does The Hershey Co. HSY pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of September 2026, The Hershey Co. stock (HSY) passes the AAOIFI interest-bearing investments screen. AAOIFI caps interest-earning holdings at 30% of market capitalisation so that shareholders do not materially profit from Riba. Measured against the latest data, The Hershey Co.'s interest-bearing investments sit within the limit. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does The Hershey Co. HSY pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of September 2026, The Hershey Co. stock (HSY) passes the AAOIFI interest-bearing debt screen. Each month Tabadulat measures The Hershey Co.'s interest-accruing borrowings against AAOIFI's 30% market capitalisation cap. The current screening shows the company within the limit, so the debt screen passes. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for The Hershey Co. HSY stock?

As of September 2026, the dividend purification factor for The Hershey Co. (HSY) is 99.79%. Purification (Tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure Halal investors use to work out that donation on The Hershey Co. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does The Hershey Co. HSY pass the AAOIFI Preference Share screen?

Yes, as of September 2026, The Hershey Co. stock (HSY) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. The Hershey Co. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Is Hershey (HSY) stock Halal?

NYSE

Shariah-Compliant

Not Shariah

As of the September 2026 screening, The Hershey Co. (HSY) 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 99.79%. The stock is re-screened every month.

Sector:

Consumer Defensive

Industry:

Confectioners

Employees:

18540

Website:

https://www.thehersheycompany.com

Market cap:

$35.7B

P/E ratio:

24.1

Dividend yield:

3.36%

52-week range:

$161.43 - $239.48

Data as of:

3 September 2026

Screening history:

September 2026: PASS

Hershey is a leading multinational in the confectionery industry, recognized for its extensive portfolio of iconic chocolate, candy, and snack brands. Founded by Milton S. Hershey in 1894, the company has grown to become one of the world’s largest producers of chocolate and sweets, marketing its products in over 60 countries and maintaining a presence in approximately 85 markets worldwide. For Muslim investors, though, the most pressing question is simpler: is Hershey a Halal investment?

Is Hershey Shariah compliant?

Food, household goods and everyday retail are permissible activities, with one watch item: incidental revenue from alcohol, tobacco or conventional financial services must stay below the 5% ceiling of AAOIFI Shariah Standard No. 21. For Hershey, that is usually the screen worth reading first.

Does Hershey pass the business activity test?

Yes. In the September 2026 screening Hershey holds an overall PASS, which a stock only earns when its core business clears the activity screen. The watch item is the product mix: any alcohol, tobacco or similar lines count against the 5% ceiling.

Is Hershey's income Halal?

Yes, within AAOIFI's tolerance. Hershey'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 99.79% tells holders of HSY what share of each dividend to keep and what remainder to donate to charity.

Does Hershey 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 HSY 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 What is Halal Investing? A Guide to Halal Stocks and Islamic Finance

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