Is B&G Foods, Inc. (BGS) halal? Not Halal. Based on AAOIFI screening, B&G Foods, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

B&G Foods, Inc.

BGS: Is B&G Foods, Inc. Halal?

Not Halal

B&G Foods, Inc.

NYSEConsumer DefensiveUS

$3.90

-1.27%

About B&G Foods, Inc.

B&G Foods, Inc. operates as a producer, marketer, and distributor of an extensive assortment of shelf-stable and frozen food products, alongside select household goods, across the United States, Canada, and Puerto Rico. Its diverse culinary offerings encompass a wide spectrum of items including canned and frozen vegetables, various cooking oils and shortenings, breakfast cereals, fruit preserves, canned meats and beans, snack foods like bagel chips, a broad range of spices, seasonings, and hot sauces, as well as specialty products such as maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco kits, salsas, pickles, peppers, tomato-based goods, baking ingredients, cookies, crackers, and nut clusters. The company also manages household product sales under the Static Guard label. B&G Foods markets these products under a vast array of well-known proprietary brands, including but not limited to Ac'cent, B&G, Back to Nature, Crisco, Dash, Green Giant, Ortega, Spice Islands, and Cream of Wheat. The company leverages a comprehensive distribution network, selling and delivering its goods both directly and through independent brokers and distributors to a diverse client base that includes major supermarket chains, foodservice providers, mass merchants, warehouse clubs, non-food retailers, and specialized distributors. Founded in 1822, the company, formerly known as B&G Foods Holdings Corp. until its name change in October 2004, is headquartered in Parsippany, New Jersey.

Sector: Consumer Defensive 路 Industry: Packaged Foods

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 18, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap616.0% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 18, 2026Fiscal: Q1 2026Source: FMP

Financial Overview

Market Cap

316.6M

Price

$3.90

Sector

Consumer Defensive

Industry

Packaged Foods

Halal Alternatives in Consumer Defensive

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Frequently Asked Questions

Is B&G Foods, Inc. (BGS) halal to invest in?
B&G Foods, Inc. (BGS) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did B&G Foods, Inc. get a F compliance rating?
B&G Foods, Inc. (BGS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 616.0% (limit 30%); interest-bearing deposits of 17.8% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change B&G Foods, Inc.'s Shariah verdict?
B&G Foods, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is B&G Foods, Inc. re-screened for Shariah compliance?
B&G Foods, Inc. (BGS) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 18, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.