Is GME halal?
GameStop Corporation
Not halal
GameStop Corporation did not pass AAOIFI screening. The failed check is shown below.
Checked: 16 October 2026
Exchange
NYSE
Price
26.81
Day
-4.32%
Market cap
$13.67B
Industry
Specialty Retail
Sector
Consumer Cyclical
What the company does
GameStop is a video-game and electronics retail chain that has moved into collectible cards and holds a Bitcoin treasury. Revenue comes from game/console sales, collectibles and interest on a large cash pile.
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 $4.17B ÷ 36-month average market cap $8.79B = 47.4%
47.4%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $5.06B ÷ 36-month average market cap $8.79B = 57.5%
57.5%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $271.50M ÷ annual revenue $3.63B (2026) = 7.5%
7.5%
Fail
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: $13.67B.
For information (AAOIFI 3/1 note): cash + receivables are 48.9% 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
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Specialty Retail — for comparison.
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- Halal investingBlogWhy a company's cash affects whether its stock is halalLots of cash sounds like a good sign — but halal screening checks it separately. What counts, what doesn't, and where we are stricter than AAOIFI.
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.