Is Carrefour (CA) Halal?

PAR Consumer Defensive France $10.9B
✗ NOT HALAL
Confidence: 90/100
Carrefour (CA) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 145.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Carrefour operates in the Consumer Defensive sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 145.1%
/ 30%
59.6%
/ 30%
29.7%
/ 30%
0.16%
/ 5%
✗ NOT HALAL
DJIM 145.1%
/ 33%
59.6%
/ 33%
29.7%
/ 33%
0.16%
/ 5%
✗ NOT HALAL
MSCI 28.2%
/ 33%
11.6%
/ 33%
5.8%
/ 33%
0.16%
/ 5%
✓ HALAL
S&P 145.1%
/ 33%
59.6%
/ 33%
29.7%
/ 33%
0.16%
/ 5%
✗ NOT HALAL
FTSE 28.2%
/ 33%
11.6%
/ 33%
5.8%
/ 50%
0.16%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
10.8
Forward: 8.2
EPS
$1.42
Dividend Yield
633.0%
Payout: 64.8%
P/B Ratio
1.0
EV/EBITDA
7.4
EV: $26.2B
Revenue
$84.0B
Beta
0.7
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 17.9%
Operating Margin 2.6%
Net Margin 0.4%
Return on Equity (ROE) 8.6%
Return on Assets (ROA) 2.4%

Cash Flow & Balance Sheet

Operating Cash Flow$3.9B
Free Cash Flow$2.4B
Total Debt$15.6B
Debt-to-Equity180.6
Current Ratio0.9
Total Assets$55.2B

Price & Trading

Last CloseEUR 15.55
50-Day MAEUR 15.03
200-Day MAEUR 13.49
Avg Volume2.5M
Beta0.7
52-Week Range
EUR 11.58
EUR 16.18

About Carrefour (CA)

CEO
Mr. Alexandre Bompard
Employees
298,604
Sector
Consumer Defensive
Industry
Grocery Stores
Country
France
Exchange
PAR
Market Cap
$10.9B
Currency
EUR

Carrefour SA operates as a food retailer in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, the Middle East, Africa, and Asia. The company operates hypermarkets, supermarkets, convenience stores, club stores, and cash and carry stores; e-commerce sites; and service stations. It is also involved in the provision of financial services; banking and insurance businesses; property development; travel agency; shopping mall rental; and franchise activities. Carrefour SA was founded in 1959 and is headquartered in Massy, France.

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Frequently Asked Questions

Is Carrefour (CA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Carrefour is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Carrefour's debt ratio?

Carrefour's debt ratio is 145.1% 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 28.2%.

What are Carrefour's key financial metrics?

Carrefour has a market capitalization of $10.9B, trailing P/E ratio of 10.8, and revenue of $84.0B. The company maintains a gross margin of 17.9% and a net margin of 0.4%. Return on equity stands at 8.6%.

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.