Halal Consumer cyclical stocks
US Consumer cyclical stocks screened against the AAOIFI standard: business activity, interest-bearing debt, cash and interest income. Below are the largest halal ones by market cap.
Halal
173
Not halal
311
Doubtful
19
Not enough data
10
34% of the sector is halal · 513 listed companies in total
Why companies in this sector pass or fail
This sector covers retail, autos, restaurants, hotels and travel. The most common reason is debt: many companies finance expansion with loans, and carmakers have interest-based finance arms. The business screen removes casinos, gambling and other prohibited activities. Low-debt brands and online retailers often pass.
This is a general observation, not a fatwa. Every company is screened individually — the result is on its own page, with the ratios. Methodology
Not halal — by reason
311 companies are currently not halal. One company can fail for several reasons; the interest-income test only applies once the debt and cash ratios pass.
- Prohibited business (banking, insurance, alcohol, gambling...)28 · 9%
- Interest-bearing debt ≥ 30% (of market cap)227 · 73%
- Cash & investments ≥ 30%112 · 36%
- Interest (non-compliant) income ≥ 5%3 · 1%
- Other (collapsed market cap, no revenue, etc.)3 · 1%
Largest halal stocks — Consumer cyclical
The 30 largest by market cap. Open any row for the full stock page — ratios, formula and date.
| # | Company | Industry | Market cap | Price | Debt | Cash | Interest income |
|---|---|---|---|---|---|---|---|
| 1 | Internet Retail | $2.78T | 250 | 5.6 | 6.8 | 0.6 | |
| 2 | Auto Manufacturers | $1.44T | 354.72 | 0.8 | 3.9 | 1.8 | |
| 3 | Home Improvement Retail | $304.37B | 309.63 | 14.9 | 0.6 | 0.1 | |
| 4 | Restaurants | $166.26B | 242.97 | 19.0 | 0.4 | 0.3 | |
| 5 | Apparel Retail | $156.53B | 147.33 | 2.1 | 4.3 | 0.3 | |
| 6 | Travel Services | $122.11B | 163.45 | 13.6 | 11.9 | 3.4 | |
| 7 | Home Improvement Retail | $110.58B | 197.38 | 28.5 | 2.4 | 0.1 | |
| 8 | Restaurants | $104.18B | 97.52 | 12.8 | 3.8 | 0.3 | |
| 9 | Lodging | $96.88B | 388.05 | 22.4 | 0.6 | 0.2 | |
| 10 | Lodging | $73.57B | 345.12 | 22.2 | 1.7 | — | |
| 11 | Apparel Retail | $72.36B | 236.89 | 1.9 | 8.2 | 0.8 | |
| 12 | Auto Manufacturers | $69.73B | 397.53 | 5.1 | 2.4 | 0.3 | |
| 13 | Auto Parts | $69.68B | 89.27 | 9.7 | 0.4 | 0.0 | |
| 14 | Footwear & Accessories | $55.44B | 37.13 | 14.3 | 16.3 | — | |
| 15 | Internet Retail | $52.46B | 120.28 | 19.8 | 15.4 | 2.4 | |
| 16 | Auto Parts | $46.79B | 3,120.59 | 22.7 | 0.5 | 0.1 | |
| 17 | Restaurants | $38.85B | 29.89 | 0.0 | 1.1 | 0.6 | |
| 18 | Residential Construction | $36.72B | 139.39 | 15.2 | 4.5 | — | |
| 19 | Travel Services | $32.83B | 288.95 | 22.9 | 29.9 | 1.7 | |
| 20 | Specialty Retail | $28.27B | 250.16 | 0.0 | 5.1 | 0.5 | |
| 21 | Furnishings, Fixtures & Appliances | $27.15B | 186.51 | 5.3 | 5.8 | — | |
| 22 | Internet Retail | $26.52B | 14.27 | 6.5 | 15.2 | 0.6 | |
| 23 | Specialty Retail | $25.86B | 592.94 | 1.6 | 1.0 | 0.1 | |
| 24 | Lodging | $23.37B | 167.77 | 23.6 | 5.5 | 0.9 | |
| 25 | Restaurants | $23.19B | 216.35 | 11.0 | 1.0 | 0.0 | |
| 26 | Luxury Goods | $22.63B | 120.18 | 13.4 | 6.5 | — | |
| 27 | Apparel Manufacturing | $22.17B | 385.5 | 9.2 | 12.2 | 0.7 | |
| 28 | Packaging & Containers | $20.67B | 236 | 21.8 | 3.7 | — | |
| 29 | Residential Construction | $20.48B | 113.55 | 9.7 | 7.9 | 0.3 | |
| 30 | Auto Parts | $18.44B | 133.96 | 27.9 | 3.1 | — |
Ratios in percent; limits: debt < 30%, cash < 30%, interest income < 5%.
The other 143 halal stocks — in the screener
The public page is a sample. The screener filters by sector and halal status: sort every Consumer cyclical stock by 40+ metrics (P/E, margins, growth, technicals).
Signing up is free. One minute via Telegram.
Industries in this sector
Industries with at least 5 halal stocks — each with its own list and failure reasons.
- Apparel Retail18 / 33 halal
- Auto Parts17 / 57 halal
- Restaurants17 / 53 halal
- Specialty Retail17 / 43 halal
- Internet Retail14 / 38 halal
- Furnishings, Fixtures & Appliances12 / 28 halal
- Residential Construction11 / 19 halal
- Apparel Manufacturing10 / 24 halal
- Leisure9 / 30 halal
- Footwear & Accessories7 / 14 halal
- Lodging5 / 11 halal
- Personal Services5 / 13 halal
- Recreational Vehicles5 / 17 halal
- Travel Services5 / 16 halal
Other sectors
Frequently asked questions
- Which Consumer cyclical stocks are halal?
- According to our AAOIFI-based screening, 173 of 513 listed Consumer cyclical companies are halal. The largest by market cap: Amazon.com, Inc. (AMZN), Tesla, Inc. (TSLA), Home Depot, Inc. (The) (HD), McDonald's Corporation (MCD), TJX Companies, Inc. (The) (TJX). The full list and each company's ratios are on the stock pages.
- Why are some Consumer cyclical companies not halal?
- This sector covers retail, autos, restaurants, hotels and travel. The most common reason is debt: many companies finance expansion with loans, and carmakers have interest-based finance arms. The business screen removes casinos, gambling and other prohibited activities. Low-debt brands and online retailers often pass.
- Is this a fatwa or investment advice?
- No. This is the result of automated screening based on public data. It is neither a fatwa nor an investment recommendation. Consult a scholar or adviser you trust before making decisions.
- How often are the results updated?
- Screening runs every day: when a new quarterly report comes out, the ratios are recalculated and the status may change. Each stock page shows the date it was checked.
Terms
Not a fatwa and not investment advice. Screening is automated from public financial reports and may be wrong or out of date.