Is PSMT halal?
PriceSmart, Inc.
Halal
PriceSmart, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
169.67
Day
+0.28%
Market cap
$5.22B
Industry
Discount Stores
Sector
Consumer Defensive
What the company does
PriceSmart runs membership warehouse clubs in Central America, the Caribbean and Colombia (the Costco model, 50+ clubs). 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 $183.15M ÷ 36-month average market cap $3.26B = 5.6%
5.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $322.19M ÷ 36-month average market cap $3.26B = 9.9%
9.9%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $10.14M ÷ annual revenue $5.27B (2025) = 0.2%
0.2%
Pass
Figures from the company's filings (2026-05-31), 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: $5.22B.
For information (AAOIFI 3/1 note): cash + receivables are 13.6% of total assets (2026-05-31). 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% · #573 of 1454
- Held by funds
- Not held by any tracked fund
- Dividend
- 0.77% · purify 0.2% · net 0.77%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
PriceSmart — Lotin Amerika/Karib ombor-klub tarmog'i. Alkogol ulushi <5% (WMT/COST mantiqi)
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.