Is OLLI halal?
Ollie's Bargain Outlet Holdings
Halal
Ollie's Bargain Outlet Holdings 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
NASDAQ
Price
93.18
Day
-2.49%
Market cap
$5.26B
Industry
Discount Stores
Sector
Consumer Defensive
What the company does
Ollie's Bargain Outlet is a US discount chain that sells brand-name closeout and overstock merchandise at low prices ("Good Stuff Cheap"). It sells no alcohol or tobacco.
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 $2.23M ÷ 36-month average market cap $5.90B = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $507.09M ÷ 36-month average market cap $5.90B = 8.6%
8.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $18.72M ÷ annual revenue $2.65B (2026) = 0.7%
0.7%
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: $5.26B.
For information (AAOIFI 3/1 note): cash + receivables are 6.5% 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
- 0.01% · #570 of 1454
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
Ollie's Bargain Outlet — chegirmali chakana savdo. Rasmiy mahsulot ro'yxatida alkogol/tamaki/vape yo'q
Halal stocks in the same industry
The largest halal stocks in Discount Stores — for comparison.
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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.