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AAOIFI No. 21 screening

Is GOLF halal?

Acushnet Holdings Corp.

Halal

Acushnet Holdings Corp. 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

80.25

Day

+0.99%

Market cap

$4.54B

Industry

Leisure

Sector

Consumer Cyclical

What the company does

Acushnet makes golf equipment: Titleist balls and clubs, FootJoy shoes and gloves, and Scotty Cameron putters. Its money comes from sales to golf shops and clubs.

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 $960.07M ÷ 36-month average market cap $4.61B = 20.8%

    20.8%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $67.94M ÷ 36-month average market cap $4.61B = 1.5%

    1.5%

    Pass

  • Non-compliant income / total revenue

    limit 5%

    Interest income $1.12M ÷ annual revenue $2.56B (2025) = 0.0%

    0.0%

    Pass

Figures from the company's filings (2026-06-30), 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: $4.54B.

For information (AAOIFI 3/1 note): cash + receivables are 21.6% of total assets (2026-06-30). 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
0.01% · #598 of 1454

Manually reviewed — clean

The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:

Acushnet Holdings — Titleist/FootJoy golf jihozlari. Biznes toza

Halal stocks in the same industry

The largest halal stocks in Leisure — 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 historyGOLF's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →