Is China Resources Beer (Holdings) (0291.HK) stock halal?
Screened against AAOIFI Shari’ah Standard 21
No. China Resources Beer (Holdings) (0291.HK) does not pass the AAOIFI Shari’ah Standard 21 screen. Its main business is alcohol (Yahoo industry “Beverages - Brewers”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1). Last checked 22 September 2026.
China Resources Beer (Holdings) is not compliant under Halal / Islamic guidelines
AAOIFI Shari’ah Standard 21 Financial Audit
Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Fail |
| Interest-bearing debt | 30% | 4.34% | Pass |
| Cash and interest-bearing investments | 30% | 12.69% | Pass |
| Prohibited income | 5% | 0.28% | Pass |
| Not just cash and debts | 90% | 14.77% | Pass |
Key Findings & Observations
- Its main business is alcohol (Yahoo industry “Beverages - Brewers”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1).Source: Business check
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Frequently Asked Questions about China Resources Beer (Holdings) Company Limited (0291.HK)
Is China Resources Beer (Holdings) (0291.HK) stock halal?▾
No. China Resources Beer (Holdings) (0291.HK) does not pass the AAOIFI Shari’ah Standard 21 screen. Its main business is alcohol (Yahoo industry “Beverages - Brewers”), which AAOIFI Shari’ah Standard 21 excludes (3/4/1). Last checked 22 September 2026.
What is China Resources Beer (Holdings)'s debt ratio under Islamic finance standards?▾
Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. China Resources Beer (Holdings)'s ratio is about 4.3%.
How much dividend purification is required for China Resources Beer (Holdings) (0291.HK) stock?▾
China Resources Beer (Holdings) does not pass the screen, so purification does not apply: the standard does not permit holding it.
Does China Resources Beer (Holdings) operate in prohibited business activities?▾
AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. China Resources Beer (Holdings)'s main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.
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