Is TANDY LEATHER FACTORY INC (TLF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 140.1% / 30% | 82.3% / 30% | 2.2% / 30% | 0.72% / 5% | ✗ NOT HALAL |
| DJIM | 140.1% / 33% | 82.3% / 33% | 2.2% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| MSCI | 31.6% / 33% | 18.6% / 33% | 0.5% / 33% | 0.72% / 5% | ✓ HALAL |
| S&P | 140.1% / 33% | 82.3% / 33% | 2.2% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| FTSE | 31.6% / 33% | 18.6% / 33% | 0.5% / 50% | 0.72% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.0% | |
| Operating Margin | -2.8% | |
| Net Margin | 11.9% | |
| Return on Equity (ROE) | 16.6% | |
| Return on Assets (ROA) | -0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$556,000 |
| Free Cash Flow | -$8M |
| Total Debt | $27M |
| Debt-to-Equity | 52.1 |
| Current Ratio | 5.2 |
| Total Assets | $87M |
Price & Trading
| Last Close | $2.27 |
| 50-Day MA | $2.69 |
| 200-Day MA | $2.94 |
| Avg Volume | 53K |
| Beta | 0.7 |
|
52-Week Range
$2.21
| |
About TANDY LEATHER FACTORY INC (TLF)
Tandy Leather Factory, Inc., together with its subsidiaries, retails leather and leathercraft-related items in the United States, Canada, and Spain. It offers leather, hand tools, hardware, kits, liquids, teaching materials, open workbenches, machines, and other supplies. The company manufactures leather laces, cut leather pieces, do-it-yourself kits, thread laces, belt strips and straps, and Craftaid tooling template through its stores and website, as well as direct account representative. In addition, it offers production services, including cutting, splitting, and assembly services to commercial and business customers. The company sells its products to retail customers, including hobbyists, schools, camps, other businesses, as well as military and first responders under the Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro brand names. The company was formerly known as The Leather Factory, Inc. and changed its name to Tandy Leather Factory, Inc. in 2005. Tandy Leather Factory, Inc. was founded in 1919 and is headquartered in Fort Worth, Texas.
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Frequently Asked Questions
Is TANDY LEATHER FACTORY INC (TLF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TANDY LEATHER FACTORY 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 TANDY LEATHER FACTORY INC's debt ratio?
TANDY LEATHER FACTORY INC's debt ratio is 140.1% 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 31.6%.
What are TANDY LEATHER FACTORY INC's key financial metrics?
TANDY LEATHER FACTORY INC has a market capitalization of $18M, trailing P/E ratio of 2.1, and revenue of $76M. The company maintains a gross margin of 57.0% and a net margin of 11.9%. Return on equity stands at 16.6%.
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.