NASDAQ Shariah screener · October 2026

Is Starbucks Corporation (SBUX) Halal?

PASS

Starbucks Corporation · NASDAQ: SBUX · Consumer Discretionary

The short answer

Yes — Starbucks Corporation (SBUX) passes this Shariah stock screen on all three gates. The Seattle specialty-coffee roaster/retailer (company-operated and licensed stores worldwide, plus grocery/foodservice distribution) has no tobacco, pork, gambling, defense, or lending/financing business; its only alcohol exposure is the handful of flagship Reserve Roastery locations, which is de minimis and immaterial (the 'Evenings' wine-and-beer program ended in January 2017 and alcohol is not mentioned in the FY2025 10-K). The ratios pass with wide margin: total debt of $16,074.8M (current $1,498.9M + long-term $14,575.9M) is about 14.78% of its ~$108.76B market cap ($94.88, October 1, 2026), below the ~33% ceiling; and non-compliant income is ≤0.30% of net revenues (the full 'Interest income and other, net' $113.3M line used as a conservative upper bound), below the 5% ceiling. Zoya rates SBUX Shariah-compliant (September 2026) and Musaffa lists it as halal — no disagreement. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

Starbucks Corporation (NASDAQ: SBUX), headquartered in Seattle, Washington, is a roaster, marketer and retailer of specialty coffee. It operates company-operated and licensed stores globally, selling handcrafted coffee and tea beverages, food, and packaged coffee and tea through grocery and foodservice channels (including the Global Coffee Alliance with Nestlé). Brands include Starbucks Coffee, Teavana, Ethos and Starbucks Reserve; FY2025 net revenues were $37,184.4M. Business-screen implication (factual): no tobacco, pork production, gambling, defense, or conventional lending/financing arm. One disclosure-worthy note: Starbucks ended its 'Evenings' wine-and-beer program in January 2017, and alcohol is now served only at the handful of flagship Reserve Roastery locations (e.g., the Chicago Roastery's Arriviamo Bar, where official Starbucks menus list cocktails, wine and beer). With 40,000+ stores, this is de minimis and immaterial — no alcohol, wine or beer is mentioned anywhere in the FY2025 10-K — and well under the 5% tolerance. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

Per Starbucks' FY2025 10-K (fiscal year ended September 28, 2025), current portion of long-term debt was $1,498.9M and long-term debt was $14,575.9M, for total debt of $16,074.8M. Against a market cap of about $108.76B ($94.88, October 1, 2026), debt ÷ market cap is about 14.78% — below the ~33% ceiling. The debt gate passes. Facts only.

Gate 3 — Non-compliant income: PASS

Starbucks' FY2025 'Interest income and other, net' line was $113.3M — the 10-K bundles 'other' into the line, so $113.3M is a conservative upper bound on interest income (Zoya independently cites the same $113.3M figure). $113.3M ÷ $37,184.4M net revenues = ≤0.30% — below the 5% non-compliant income ceiling with wide margin. The income gate passes. Facts only.

Key figures used

Frequently asked questions

What does Starbucks do?

Starbucks Corporation (NASDAQ: SBUX), headquartered in Seattle, Washington, is a roaster, marketer and retailer of specialty coffee. It operates company-operated and licensed stores globally, selling handcrafted coffee and tea beverages, food, and packaged coffee and tea through grocery and foodservice channels (including the Global Coffee Alliance with Nestlé). Its brands include Starbucks Coffee, Teavana, Ethos and Starbucks Reserve. FY2025 net revenues were $37,184.4M.

Does Starbucks pass the business-activity gate?

Starbucks passes the business-activity gate. It is a specialty coffee retailer — no tobacco, pork production, gambling, defense, or conventional lending/financing arm. One disclosure-worthy note: Starbucks ended its 'Evenings' wine-and-beer program in January 2017, and alcohol is now served only at the handful of flagship Reserve Roastery locations (e.g., the Chicago Roastery's Arriviamo Bar, where official Starbucks menus list cocktails, wine and beer). With 40,000+ stores, this is de minimis and immaterial — no alcohol, wine or beer is mentioned anywhere in the FY2025 10-K — and well under the 5% tolerance for haram segments. This is not a categorical business-gate failure (contrast Walmart, where alcohol was a material grocery category).

What is Starbucks' interest-bearing debt ratio?

Per Starbucks' FY2025 10-K (fiscal year ended September 28, 2025), current portion of long-term debt was $1,498.9M and long-term debt was $14,575.9M, for total debt of $16,074.8M. Against a market cap of about $108.76B ($94.88, October 1, 2026), debt ÷ market cap is about 14.78% — below the ~33% ceiling. The debt gate passes.

What is Starbucks' non-compliant income ratio?

Starbucks' FY2025 'Interest income and other, net' line was $113.3M — the 10-K bundles 'other' into the line, so $113.3M is a conservative upper bound on interest income (Zoya independently cites the same $113.3M figure). $113.3M ÷ $37,184.4M net revenues = ≤0.30% — below the 5% non-compliant income ceiling with wide margin. The income gate passes.

Do Zoya and Musaffa cover Starbucks?

Zoya covers SBUX (zoya.finance/stocks/sbux): 'As of September 2026, SBUX is Shariah-compliant and therefore considered halal to invest in,' citing interest income of $113.3M = 0.3% of revenue — matching the filing math on this page. Musaffa lists Starbucks as 'Halal' in its Nasdaq-100 halal stocks list. No disagreement between the third parties — no fail-closed trigger.

Sources

Screened 2026-10-01 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.