Is Viking Holdings Ltd (VIK) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 18.2% / 30% | 7.7% / 30% | 0.8% / 30% | 1.3% / 5% | ✓ HALAL |
| DJIM | 18.2% / 33% | 7.7% / 33% | 0.8% / 33% | 1.3% / 5% | ✓ HALAL |
| MSCI | 55.1% / 33% | 23.1% / 33% | 2.4% / 33% | 1.3% / 5% | ✗ NOT HALAL |
| S&P | 18.2% / 33% | 7.7% / 33% | 0.8% / 33% | 1.3% / 5% | ✓ HALAL |
| FTSE | 55.1% / 33% | 23.1% / 33% | 2.4% / 50% | 1.3% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.5% | |
| Operating Margin | 20.9% | |
| Net Margin | 17.7% | |
| Return on Equity (ROE) | 254.5% | |
| Return on Assets (ROA) | 8.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $2.6B |
| Free Cash Flow | $1.5B |
| Total Debt | $5.7B |
| Debt-to-Equity | 512.0 |
| Current Ratio | 0.8 |
| Total Assets | $12.2B |
Price & Trading
| Last Close | $71.59 |
| 50-Day MA | $73.25 |
| 200-Day MA | $64.31 |
| Avg Volume | 2.4M |
|
52-Week Range
$31.79
| |
About Viking Holdings Ltd (VIK)
Viking Holdings Ltd focused on providing passenger cruises in North America, the United Kingdom, and internationally. It operates through the River and Ocean segments. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States for English-speaking passengers. The Ocean segment provides ocean cruises for English-speaking passengers. The company provides expedition cruises for English-speaking passengers, Mississippi River cruises for English-speaking passengers and Viking Asia, which includes cruises in languages other than English provided. As of December 31, 2025, Viking Holdings Ltd operated a fleet of 103 ships, including 89 river vessels comprising 59 Longships, 12 smaller classes based on the Longship design,15 other river vessels, and three river vessel charters, including the Viking Saigon, Viking Mississippi, and the Viking Tonle; 12 ocean ships and 2 expedition ships. The company was formerly known as MISA Investments Limited and changed its name to Viking Holdings Ltd in November 2016. The company was founded in 1997 and is based in Pembroke, Bermuda.
Purification Calculator
As a halal stock with 1.30% impermissible income, you need to purify your dividends.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is Viking Holdings Ltd (VIK) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Viking Holdings 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 Viking Holdings Ltd's debt ratio?
Viking Holdings Ltd's debt ratio is 18.2% 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 55.1%.
Does Viking Holdings Ltd require dividend purification?
Yes, Viking Holdings Ltd has an impermissible income ratio of 1.30%, which means 1.30% 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 Viking Holdings Ltd's key financial metrics?
Viking Holdings Ltd has a market capitalization of $30.6B, trailing P/E ratio of 26.7, and revenue of $6.5B. The company maintains a gross margin of 44.5% and a net margin of 17.7%. Return on equity stands at 254.5%.
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.