Is WEYCO GROUP INC (WEYS) Halal?

NASDAQ Consumer Cyclical United States $303M
✓ HALAL
Confidence: 95/100
WEYCO GROUP INC (WEYS) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 3.7% against the AAOIFI threshold of 30%, WEYCO GROUP INC comfortably passes the key financial ratio tests. The company operates in the Consumer Cyclical sector (Footwear & Accessories), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 3.7%
/ 30%
24.2%
/ 30%
13.0%
/ 30%
1.27%
/ 5%
✓ HALAL
DJIM 3.7%
/ 33%
24.2%
/ 33%
13.0%
/ 33%
1.27%
/ 5%
✓ HALAL
MSCI 3.4%
/ 33%
22.2%
/ 33%
11.9%
/ 33%
1.27%
/ 5%
✓ HALAL
S&P 3.7%
/ 33%
24.2%
/ 33%
13.0%
/ 33%
1.27%
/ 5%
✓ HALAL
FTSE 3.4%
/ 33%
22.2%
/ 33%
11.9%
/ 50%
1.27%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
13.2
Forward: 21.9
EPS
$2.41
Dividend Yield
340.0%
Payout: 44.4%
P/B Ratio
1.2
EV/EBITDA
6.6
EV: $212M
Revenue
$276M
Growth: -4.6%
Beta
0.9
Average volatility
Current Ratio
4.2

Profitability

Gross Margin 43.2%
Operating Margin 13.2%
Net Margin 8.4%
Return on Equity (ROE) 9.5%
Return on Assets (ROA) 5.6%

Cash Flow & Balance Sheet

Operating Cash Flow$37M
Free Cash Flow$36M
Total Debt$11M
Debt-to-Equity4.5
Current Ratio4.2
Total Assets$320M

Price & Trading

Last Close$32.28
50-Day MA$31.96
200-Day MA$31.07
Avg Volume13K
Beta0.9
52-Week Range
$25.51
$34.93

About WEYCO GROUP INC (WEYS)

CEO
Mr. Thomas W. Florsheim Jr.
Employees
408
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Country
United States
Exchange
NASDAQ
Market Cap
$303M
Currency
USD

Weyco Group, Inc. designs, markets, and distributes footwear for men, women, and children in the United States, Canada, Australia, Asia, and South Africa. The company operates in two segments, North American Wholesale and North American Retail. The company offers mid-priced leather dress shoes and casual footwear composed of man-made materials and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, and BOGS brands. It engages in the wholesale of its products to footwear, department, and specialty stores, as well as e-commerce retailers in the United States and Canada. The company also operates e-commerce business; and brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear in the United States, as well as footwear in Mexico and certain markets overseas. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Glendale, Wisconsin.

Purification Calculator

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Frequently Asked Questions

Is WEYCO GROUP INC (WEYS) halal to invest in?

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

WEYCO GROUP INC's debt ratio is 3.7% 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 3.4%.

Does WEYCO GROUP INC require dividend purification?

Yes, WEYCO GROUP INC has an impermissible income ratio of 1.27%, which means 1.27% 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 WEYCO GROUP INC's key financial metrics?

WEYCO GROUP INC has a market capitalization of $303M, trailing P/E ratio of 13.2, and revenue of $276M. The company maintains a gross margin of 43.2% and a net margin of 8.4%. Return on equity stands at 9.5%.

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.