Is Sprouts Farmers Market, Inc. (SFM) halal? Halal. Based on AAOIFI screening, Sprouts Farmers Market, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 62/100 (Grade: B).

Sprouts Farmers Market, Inc.

SFM: Is Sprouts Farmers Market, Inc. Halal?

Halal

Sprouts Farmers Market, Inc.

NASDAQConsumer DefensiveUS

$82.87

+3.35%

Purify ~3% of income

About Sprouts Farmers Market, Inc.

Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.

Sector: Consumer Defensive · Industry: Grocery Stores

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 15, 2026
B

Acceptable

Acceptable but room for improvement

62Score

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
3.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • •Grocery Stores: estimated 3.0% peripheral exposure (AAOIFI industry average)
  • •Contains reference to: beer
  • •Contains reference to: wine

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap24.1% / 30.0%

Compliance History

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 15, 2026Fiscal: Q1 2026Source: EDGAR

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Financial Overview

Market Cap

7.8B

Price

$82.87

Sector

Consumer Defensive

Industry

Grocery Stores

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Frequently Asked Questions

Is Sprouts Farmers Market, Inc. (SFM) halal to invest in?
Based on AAOIFI Standard 21 screening, Sprouts Farmers Market, Inc. (SFM) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Sprouts Farmers Market, Inc. get a B compliance rating?
Sprouts Farmers Market, Inc. (SFM) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 24.1% (limit 30%); interest-bearing deposits of 3.2% (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 Sprouts Farmers Market, Inc.'s Shariah verdict?
Sprouts Farmers Market, 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 Sprouts Farmers Market, Inc. re-screened for Shariah compliance?
Sprouts Farmers Market, Inc. (SFM) 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 15, 2026.

Screened according to AAOIFI Standard No. 21 · 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.