Is TANGER INC. (SKT) Halal?

NYSE Real Estate United States $3.9B
✗ NOT HALAL
Confidence: 83/100
TANGER INC. (SKT) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 41.0% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. TANGER INC. operates in the Real Estate sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 41.0%
/ 30%
0.4%
/ 30%
0.0%
/ 30%
1.72%
/ 5%
✗ NOT HALAL
DJIM 41.0%
/ 33%
0.4%
/ 33%
0.0%
/ 33%
1.72%
/ 5%
✗ NOT HALAL
MSCI 63.6%
/ 33%
0.7%
/ 33%
0.0%
/ 33%
1.72%
/ 5%
✗ NOT HALAL
S&P 41.0%
/ 33%
0.4%
/ 33%
0.0%
/ 33%
1.72%
/ 5%
✗ NOT HALAL
FTSE 63.6%
/ 33%
0.7%
/ 33%
0.0%
/ 50%
1.72%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
34.1
Forward: 27.8
EPS
$0.99
Dividend Yield
347.0%
Payout: 116.4%
P/B Ratio
5.5
EV/EBITDA
17.4
EV: $5.6B
Revenue
$582M
Growth: 13.9%
Beta
1.2
Average volatility
Current Ratio
1.3

Profitability

Gross Margin 73.3%
Operating Margin 31.3%
Net Margin 19.3%
Return on Equity (ROE) 16.9%
Return on Assets (ROA) 4.7%

Cash Flow & Balance Sheet

Operating Cash Flow$295M
Free Cash Flow$295M
Total Debt$1.7B
Debt-to-Equity230.0
Current Ratio1.3
Total Assets$2.7B

Price & Trading

Last Close$33.97
50-Day MA$34.52
200-Day MA$33.21
Avg Volume1.0M
Beta1.2
52-Week Range
$28.69
$37.95

About TANGER INC. (SKT)

CEO
Mr. Stephen J. Yalof
Employees
407
Sector
Real Estate
Industry
REIT - Retail
Country
United States
Exchange
NYSE
Market Cap
$3.9B
Currency
USD

Tanger Inc. is a leading owner and operator of outlet and open-air retail shopping destinations, with over 45 years of expertise in the retail and outlet shopping industries. Tanger's portfolio of 38 outlet centers and three open-air lifestyle centers comprises more than 16 million square feet well positioned across tourist destinations and vibrant markets in 22 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 800 different brand name companies.

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Frequently Asked Questions

Is TANGER INC. (SKT) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TANGER 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 TANGER INC.'s debt ratio?

TANGER INC.'s debt ratio is 41.0% 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 63.6%.

What are TANGER INC.'s key financial metrics?

TANGER INC. has a market capitalization of $3.9B, trailing P/E ratio of 34.1, and revenue of $582M. The company maintains a gross margin of 73.3% and a net margin of 19.3%. Return on equity stands at 16.9%.

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.