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Shariah compliance overview

Not Halal

Biglari Holdings Inc. (BH) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Biglari Holdings Inc.

Biglari Holdings Inc., an enterprise established in 1934 and based in San Antonio, Texas, is a multifaceted company with its primary operations centered on managing and franchising restaurants throughout the United States. Its well-known dining brands include Steak n Shake and Western Sizzlin.

Biglari Holdings Inc. (BH) operates in the Consumer Cyclical sector, in the Restaurants industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
0.66%Limit 5%Pass
Interest-bearing debt
39.90%Limit 30%Fail
Interest-bearing securities and assets
54.58%Limit 30%Fail
Dividend purification
0.66%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Biglari Holdings Inc. (BH). Current Akinda screening label: Not Halal.