Is Coles (COL) Halal?
Shariah Screening — 5 Standards
Based on financial data from June 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 36.4% / 30% | 2.5% / 30% | 1.7% / 30% | 0.58% / 5% | ✗ NOT HALAL |
| DJIM | 36.4% / 33% | 2.5% / 33% | 1.7% / 33% | 0.58% / 5% | ✗ NOT HALAL |
| MSCI | 50.9% / 33% | 3.5% / 33% | 2.4% / 33% | 0.58% / 5% | ✗ NOT HALAL |
| S&P | 36.4% / 33% | 2.5% / 33% | 1.7% / 33% | 0.58% / 5% | ✗ NOT HALAL |
| FTSE | 50.9% / 33% | 3.5% / 33% | 2.4% / 50% | 0.58% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.0% | |
| Operating Margin | 3.9% | |
| Net Margin | 2.2% | |
| Return on Equity (ROE) | 26.5% | |
| Return on Assets (ROA) | 5.7% |
Cash Flow & Balance Sheet
| Free Cash Flow | $1.4B |
| Total Debt | $10.3B |
| Debt-to-Equity | 272.3 |
| Current Ratio | 0.6 |
| Total Assets | $20.3B |
Price & Trading
| Last Close | AUD 21.88 |
| 50-Day MA | AUD 21.41 |
| 200-Day MA | AUD 21.84 |
| Avg Volume | 3.0M |
|
52-Week Range
AUD 19.45
| |
About Coles (COL)
Coles Group Limited operates as a retailer in Australia. It operates through Supermarkets and Liquor segments. The company operates various supermarkets, which offers fresh food, groceries, general merchandise, and liquor; and coles.com.au, which offers a choice of home delivery, including same-day, overnight drop and go services, and pick up from click and collect locations. Its Coles Financial Services provides insurance, credit cards, and personal loans to Australian families. The company is also involved in the retailing of liquor through its various stores under the Liquorland, First Choice Liquor Market, and Vintage Cellars brand names, as well as retail media services through its store network and online platforms. In addition, it operates as flybuys loyalty program. The company was formerly known as Coles Myer Ltd. and changed its name to Coles Group Limited in November 2006. Coles Group Limited was founded in 1914 and is based in Hawthorn East, Australia.
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Frequently Asked Questions
Is Coles (COL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Coles 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 Coles's debt ratio?
Coles's debt ratio is 36.4% 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 50.9%.
What are Coles's key financial metrics?
Coles has a market capitalization of $29.5B, trailing P/E ratio of 28.9, and revenue of $44.4B. The company maintains a gross margin of 27.0% and a net margin of 2.2%. Return on equity stands at 26.5%.
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.