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AAOIFI No. 21 screening

Is BJ halal?

BJ's Wholesale Club Holdings, I

Halal

BJ's Wholesale Club Holdings, I passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.

Checked: 14 October 2026

Exchange

NYSE

Price

102.95

Day

-0.31%

Market cap

$12.52B

Industry

Discount Stores

Sector

Consumer Defensive

What the company does

BJ's Wholesale Club runs membership warehouse clubs on the US East Coast (250+ clubs, the Costco model): groceries, household goods and fuel. Its money comes from merchandise sales and membership fees.

What was checked

The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.

  • Business activity

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $629.25M ÷ 36-month average market cap $11.75B = 5.4%

    5.4%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $29.98M ÷ 36-month average market cap $11.75B = 0.3%

    0.3%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $173K ÷ annual revenue $21.46B (2026) = 0.0%

    0.0%

    Pass

Figures from the company's filings (2026-07-31), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $12.52B.

For information (AAOIFI 3/1 note): cash + receivables are 4.2% of total assets (2026-07-31). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500
Among halal stocks
0.02% · #370 of 1454

Manually reviewed — clean

The industry was flagged as sensitive, so the company's filings were checked by hand on 16 July 2026. Conclusion:

Ombor-chakana — biznes toza; chegaraga yaqinlik moliyaviy

Halal stocks in the same industry

The largest halal stocks in Discount Stores — for comparison.

Related articles

Halal is the first question. The second: when to enter?

Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.

This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.

Earnings historyBJ's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →