Is STEVEN MADDEN, LTD. (SHOO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.7% / 30% | 4.6% / 30% | 17.2% / 30% | 0.34% / 5% | ✓ HALAL |
| DJIM | 19.7% / 33% | 4.6% / 33% | 17.2% / 33% | 0.34% / 5% | ✓ HALAL |
| MSCI | 25.4% / 33% | 5.9% / 33% | 22.2% / 33% | 0.34% / 5% | ✓ HALAL |
| S&P | 19.7% / 33% | 4.6% / 33% | 17.2% / 33% | 0.34% / 5% | ✓ HALAL |
| FTSE | 25.4% / 33% | 5.9% / 33% | 22.2% / 50% | 0.34% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 42.6% | |
| Operating Margin | 8.1% | |
| Net Margin | 1.8% | |
| Return on Equity (ROE) | 5.5% | |
| Return on Assets (ROA) | 6.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $162M |
| Free Cash Flow | $120M |
| Total Debt | $486M |
| Debt-to-Equity | 53.8 |
| Current Ratio | 1.9 |
| Total Assets | $1.9B |
Price & Trading
| Last Close | $33.20 |
| 50-Day MA | $37.89 |
| 200-Day MA | $34.34 |
| Avg Volume | 1.5M |
| Beta | 1.1 |
|
52-Week Range
$19.05
| |
About STEVEN MADDEN, LTD. (SHOO)
Steven Madden, Ltd. designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally. It operates through Wholesale Footwear, Wholesale Accessories/Apparel, Direct-to- Consumer, and Licensing segments. The company designs, sources, and markets various products, including dress shoes, boots, booties, fashion sneakers, sandals, and casual shoes; and handbags, apparel, small leather goods, belts, soft accessories, fashion scarves, wraps, gifting, and other accessories. It also engages in the sale of footwear, handbags, apparel, and other accessories. In addition, the company is involved in the licensing of the Steve Madden, Kurt Geiger, and Betsey Johnson trademarks for the sale of select apparel, accessory, home categories, and other non-core products. It sells its products under the Steve Madden, Kurt Geiger London, Dolce Vita, Betsey Johnson, Blondo, Carvela, Anthony Thomas Melillo (ATM), and Anne Klein brands. The company distributes its products in the wholesale channel through department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs, as well as through direct-to-consumer channel, which includes company-operated retail stores and e-commerce websites. It markets its products through email, social media, influencer partnerships, print, experiential events, and public relations. The company was incorporated in 1990 and is headquartered in Long Island City, New York.
Purification Calculator
As a halal stock with 0.34% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is STEVEN MADDEN, LTD. (SHOO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), STEVEN MADDEN, LTD. 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 STEVEN MADDEN, LTD.'s debt ratio?
STEVEN MADDEN, LTD.'s debt ratio is 19.7% 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 25.4%.
Does STEVEN MADDEN, LTD. require dividend purification?
Yes, STEVEN MADDEN, LTD. has an impermissible income ratio of 0.34%, which means 0.34% 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 STEVEN MADDEN, LTD.'s key financial metrics?
STEVEN MADDEN, LTD. has a market capitalization of $2.4B, trailing P/E ratio of 52.6, and revenue of $2.5B. The company maintains a gross margin of 42.6% and a net margin of 1.8%. Return on equity stands at 5.5%.
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.