Is TJX COMPANIES INC /DE/ (TJX) Halal?

NYSE Consumer Cyclical United States $172.6B
✓ HALAL
Confidence: 83/100
TJX COMPANIES INC /DE/ (TJX) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 7.2% against the AAOIFI threshold of 30%, TJX COMPANIES INC /DE/ comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Apparel Retail), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 7.2%
/ 30%
3.0%
/ 30%
0.3%
/ 30%
N/A ✓ HALAL
DJIM 7.2%
/ 33%
3.0%
/ 33%
0.3%
/ 33%
N/A ✓ HALAL
MSCI 40.2%
/ 33%
16.8%
/ 33%
1.9%
/ 33%
N/A ✗ NOT HALAL
S&P 7.2%
/ 33%
3.0%
/ 33%
0.3%
/ 33%
N/A ✓ HALAL
FTSE 40.2%
/ 33%
16.8%
/ 33%
1.9%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

P/E Ratio
31.9
Forward: 27.4
EPS
$4.87
Dividend Yield
110.0%
Payout: 33.9%
P/B Ratio
17.1
EV/EBITDA
21.6
EV: $181.8B
Beta
0.7
Low volatility
Current Ratio
1.1

Profitability

Gross Margin 31.0%
Operating Margin 13.3%
Net Margin 9.1%
Return on Equity (ROE) 59.1%
Return on Assets (ROA) 13.3%

Cash Flow & Balance Sheet

Operating Cash Flow$6.1B
Free Cash Flow$4.2B
Total Debt$12.8B
Debt-to-Equity132.4
Current Ratio1.1
Total Assets$31.7B

Price & Trading

Last Close$157.57
50-Day MA$155.64
200-Day MA$143.80
Avg Volume5.1M
Beta0.7
52-Week Range
$116.37
$162.68

About TJX COMPANIES INC /DE/ (TJX)

CEO
Mr. Ernie L. Herrman
Sector
Consumer Cyclical
Industry
Apparel Retail
Country
United States
Exchange
NYSE
Market Cap
$172.6B
Currency
USD

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer worldwide. The company operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. It offers family apparel comprising footwear; accessories, such as beauty and jewelry; home fashion products, including home basics, decorative accessories and giftware, as well as furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware; pet and gourmet food; and other merchandise. The company also provides home decor, furniture, and seasonal home merchandise. It sells its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

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Frequently Asked Questions

Is TJX COMPANIES INC /DE/ (TJX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), TJX COMPANIES INC /DE/ 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 TJX COMPANIES INC /DE/'s debt ratio?

TJX COMPANIES INC /DE/'s debt ratio is 7.2% 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 40.2%.

What are TJX COMPANIES INC /DE/'s key financial metrics?

TJX COMPANIES INC /DE/ has a market capitalization of $172.6B, trailing P/E ratio of 31.9. The company maintains a gross margin of 31.0% and a net margin of 9.1%. Return on equity stands at 59.1%.

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.