Is National Beverage Corp. FIZZ stock halal to invest in?

Yes, as of August 2026, National Beverage Corp. stock (FIZZ) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. National Beverage Corp. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 99.13%. 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 National Beverage Corp. and explore other Shariah compliant stocks in the Tabadulat app.

How often is National Beverage Corp. FIZZ reviewed for Shariah compliance?

Tabadulat reviews National Beverage Corp. FIZZ 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 National Beverage Corp. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 National Beverage Corp. FIZZ pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, National Beverage Corp. stock (FIZZ) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. National Beverage Corp.'s income from non-permissible sources is currently within this 5% threshold. 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 National Beverage Corp. FIZZ pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, National Beverage Corp. stock (FIZZ) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). National Beverage Corp.'s interest-bearing investments are currently within the 30% threshold. 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 National Beverage Corp. FIZZ pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, National Beverage Corp. stock (FIZZ) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. National Beverage Corp.'s interest-bearing debt is currently within the 30% threshold. 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 National Beverage Corp. FIZZ stock?

As of August 2026, the dividend purification factor for National Beverage Corp. (FIZZ) is 99.13%. 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 National Beverage Corp. 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 National Beverage Corp. FIZZ pass the AAOIFI Preference Share screen?

Yes, as of August 2026, National Beverage Corp. stock (FIZZ) 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. National Beverage Corp. 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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National Beverage Corp.

NASDAQ

Shariah-Compliant

Not Shariah

FIZZ

About

National Beverage Corp.

FIZZ

National Beverage Corp. is a diversified beverage company primarily engaged in developing, manufacturing, and distributing a wide variety of flavored beverage products. Known for its popular sparkling water brand, LaCroix, National Beverage has made a significant mark in the non-alcoholic beverage market. The company’s product range extends beyond sparkling water to include energy drinks, juices, and soft drinks, catering to health-conscious consumers seeking natural and calorie-free beverage options. National Beverage Corp. leverages its innovative marketing and agile production strategies to swiftly respond to consumer trends and preferences, particularly the increasing demand for healthier alternatives to traditional soft drinks. This adaptability allows the company to maintain a competitive edge across several sectors, notably within the health-focused and premium beverage markets. Headquartered in Florida, National Beverage Corp. plays a pivotal role in the North American beverage industry, competing with major players by emphasizing quality ingredients and creative branding. Its strategic positioning within the rapidly growing market segment of sparkling water underscores its significance, as consumer preferences continue to shift towards healthier lifestyle choices.

Sector:

Consumer Defensive

Industry:

Beverages - Non-Alcoholic

Employees:

1681

Website:

https://www.nationalbeverage.com

FIZZ

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National Beverage Corp.

About

National Beverage Corp.

FIZZ

Frequently asked questions

Is National Beverage Corp. FIZZ stock halal to invest in?

How often is National Beverage Corp. FIZZ reviewed for Shariah compliance?

Does National Beverage Corp. FIZZ pass the AAOIFI Non Permissible Income criteria?

Does National Beverage Corp. FIZZ pass the AAOIFI Interest Bearing Investments criteria?

Does National Beverage Corp. FIZZ pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for National Beverage Corp. FIZZ stock?

Does National Beverage Corp. FIZZ pass the AAOIFI Preference Share screen?

How do I buy National Beverage (FIZZ) stock?

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