Is ULTA halal?
Ulta Beauty, Inc.
Halal
Ulta Beauty, 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
592.94
Day
-2.68%
Market cap
$25.86B
Industry
Specialty Retail
Sector
Consumer Cyclical
What the company does
Ulta Beauty is the largest beauty retailer in the US (1,400+ stores): makeup, skincare, haircare and fragrance, plus in-store salons. Its money comes from product sales.
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 $339.58M ÷ 36-month average market cap $21.20B = 1.6%
1.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $213.45M ÷ 36-month average market cap $21.20B = 1.0%
1.0%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $15.09M ÷ annual revenue $11.30B (2025) = 0.1%
0.1%
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: $25.86B.
For information (AAOIFI 3/1 note): cash + receivables are 6.6% 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
- 0.04% weight · #337 of 503
- Among halal stocks
- 0.04% · #247 of 1454
- Held by funds
- HLAL 0.07% · SPUS 0.06%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
Ulta Beauty — kosmetika chakana savdosi. Biznes toza
Halal stocks in the same industry
The largest halal stocks in Specialty Retail — 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.