HalalGauge
BF-B · Consumer Defensive
Brown-Forman Corporation

Is Brown-Forman Corporation (BF-B) halal?

Brown-Forman Corporation is considered halal under 4 of 5 standards — the scholars disagree. Below is the verdict under each of the five mainstream scholarly standards, with the deciding numbers and the source behind every threshold.

Ratios computed from Brown-Forman Corporation's Q2 2026 filing (source). Verdicts are re-computed when new financials are filed.

BF-B verdict by standard · 4 halal · 0 borderline · 1 not halal
  • AAOIFI Standard

    All ratio checks pass.

    Halal
  • Mufti Taqi Usmani (stricter Hanafi)

    All ratio checks pass.

    Halal
  • Dow Jones Islamic Market

    All ratio checks pass.

    Halal
  • Ja'fari (Sistani-aligned)

    All ratio checks pass.

    Halal
  • Strict / zero-tolerance

    Impermissible income / revenue 0.3% (limit 0%); Interest-bearing debt / market cap 17.6% (limit 0%); Cash + interest-bearing securities / market cap 2.5% (limit 0%)

    Not halal
Where the standards agree & differ
Halal under 4 of 5 standards
4/5 halal

The standards disagree — knowing why lets you decide which view you follow.

Why they differ
  • Debt cap

    Interest-bearing debt is 17.6% of market cap — over the 0% cap used by Strict, but within the 30%/33% cap of AAOIFI, Mufti Taqi, DJIM and Ja'fari.

  • Cash & securities cap

    Cash + interest-bearing securities are 2.5% of market cap — above the limit Strict apply, but within AAOIFI, Mufti Taqi, DJIM and Ja'fari's.

  • Impermissible income

    Impermissible (mostly interest) income is 0.3% of revenue — Strict allow 0% here, the others up to 5%.

Each difference is computed from the exact threshold each standard publishes — not an opinion. Pick the standard your scholar follows; HalalGauge shows the receipts either way.

The numbers behind the verdict

Interest-bearing debt / market cap
17.6%
Cash + securities / market cap
2.5%
Receivables / market cap
6.8%
Impermissible income / revenue
0.3%
Illiquid (tangible) assets / total
46.0%

Thresholds and methodology differ by scholar — e.g. AAOIFI caps interest-bearing debt at 30% of market cap, DJIM at 33%, and Mufti Taqi additionally requires tangible assets to be at least 20% of total assets. That's why two screeners can disagree on the same stock.

Screen BF-B interactively See the full balance sheet How the methodologies work
Sources

Other Consumer Defensive tickers

Is WMT halal?Is COST halal?Is PG halal?Is KO halal?Is PM halal?Is PEP halal?

HalalGauge surfaces published scholarly methodologies with full sourcing; it does not issue fatwa or certify any security as halal. Verify with a qualified scholar before investing.