Is BUCKLE INC (BKE) Halal?

NYSE Consumer Cyclical United States $2.5B
✓ HALAL
Confidence: 95/100
BUCKLE INC (BKE) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 12.5% against the AAOIFI threshold of 30%, BUCKLE INC comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Apparel Retail), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.5%
/ 30%
11.2%
/ 30%
0.3%
/ 30%
1.35%
/ 5%
✓ HALAL
DJIM 12.5%
/ 33%
11.2%
/ 33%
0.3%
/ 33%
1.35%
/ 5%
✓ HALAL
MSCI 35.7%
/ 33%
31.8%
/ 33%
0.7%
/ 33%
1.35%
/ 5%
✗ NOT HALAL
S&P 12.5%
/ 33%
11.2%
/ 33%
0.3%
/ 33%
1.35%
/ 5%
✓ HALAL
FTSE 35.7%
/ 33%
31.8%
/ 33%
0.7%
/ 50%
1.35%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
11.9
Forward: 10.7
EPS
$4.14
Dividend Yield
284.0%
Payout: 33.8%
P/B Ratio
5.8
EV/EBITDA
9.0
EV: $2.6B
Revenue
$1.2B
Growth: 5.3%
Beta
1.1
Average volatility
Current Ratio
1.9

Profitability

Gross Margin 49.0%
Operating Margin 25.2%
Net Margin 16.2%
Return on Equity (ROE) 49.4%
Return on Assets (ROA) 17.2%

Cash Flow & Balance Sheet

Operating Cash Flow$242M
Free Cash Flow$200M
Total Debt$326M
Debt-to-Equity90.4
Current Ratio1.9
Total Assets$913M

Price & Trading

Last Close$49.64
50-Day MA$51.33
200-Day MA$53.34
Avg Volume494K
Beta1.1
52-Week Range
$33.12
$61.69

About BUCKLE INC (BKE)

CEO
Mr. Dennis H. Nelson
Sector
Consumer Cyclical
Industry
Apparel Retail
Country
United States
Exchange
NYSE
Market Cap
$2.5B
Currency
USD

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for men, women, and kids under the Buckle and Buckle Youth brands in the United States. The company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise comprising the BKE, Buckle Black, Ace High, Daytrip, Departwest, FITZ + EDDI, Freshwear, Gentry Country, Gilded Intent, Gimmicks, Maven Co-op, J.B. Holt, Modish Rebel, Nova Industries, Outpost Makers, Reclaim, Salvage, Sterling & Stitch, Veece, and Willow & Root brands. It also provides services, such as hemming, gift-packaging, layaways, a guest loyalty program, the Buckle private label credit card, personalized stylist services, and a special-order system that allows stores to obtain specifically requested merchandise from other company stores or from its online order fulfillment center. The company sells its products through its stores, as well as website, buckle.com. The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was incorporated in 1948 and is headquartered in Kearney, Nebraska.

Purification Calculator

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Frequently Asked Questions

Is BUCKLE INC (BKE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BUCKLE INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is BUCKLE INC's debt ratio?

BUCKLE INC's debt ratio is 12.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 35.7%.

Does BUCKLE INC require dividend purification?

Yes, BUCKLE INC has an impermissible income ratio of 1.35%, which means 1.35% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are BUCKLE INC's key financial metrics?

BUCKLE INC has a market capitalization of $2.5B, trailing P/E ratio of 11.9, and revenue of $1.2B. The company maintains a gross margin of 49.0% and a net margin of 16.2%. Return on equity stands at 49.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.