Is INGLES MARKETS INC (IMKTA) Halal?
Shariah Screening — 5 Standards
Based on financial data from September 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 33.5% / 30% | 22.6% / 30% | 6.6% / 30% | 0.3% / 5% | ✗ NOT HALAL |
| DJIM | 33.5% / 33% | 22.6% / 33% | 6.6% / 33% | 0.3% / 5% | ✗ NOT HALAL |
| MSCI | 21.2% / 33% | 14.3% / 33% | 4.1% / 33% | 0.3% / 5% | ✓ HALAL |
| S&P | 33.5% / 33% | 22.6% / 33% | 6.6% / 33% | 0.3% / 5% | ✗ NOT HALAL |
| FTSE | 21.2% / 33% | 14.3% / 33% | 4.1% / 50% | 0.3% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.0% | |
| Operating Margin | 3.2% | |
| Net Margin | 1.8% | |
| Return on Equity (ROE) | 5.9% | |
| Return on Assets (ROA) | 3.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $154M |
| Free Cash Flow | $40M |
| Total Debt | $544M |
| Debt-to-Equity | 32.9 |
| Current Ratio | 3.4 |
| Total Assets | $2.6B |
Price & Trading
| Last Close | $87.65 |
| 50-Day MA | $82.74 |
| 200-Day MA | $72.43 |
| Avg Volume | 133K |
| Beta | 0.7 |
|
52-Week Range
$59.09
| |
About INGLES MARKETS INC (IMKTA)
Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the United States. The company offers food products, such as grocery, meat, and dairy products, produce, frozen food, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items, organic, and locally sourced items. It also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, the company provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. It operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
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Frequently Asked Questions
Is INGLES MARKETS INC (IMKTA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), INGLES MARKETS INC 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 INGLES MARKETS INC's debt ratio?
INGLES MARKETS INC's debt ratio is 33.5% 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 21.2%.
What are INGLES MARKETS INC's key financial metrics?
INGLES MARKETS INC has a market capitalization of $1.7B, trailing P/E ratio of 17.8, and revenue of $5.3B. The company maintains a gross margin of 24.0% and a net margin of 1.8%. Return on equity stands at 5.9%.
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.