Is Walmart Inc. (WMT) Halal?

NASDAQ Consumer Defensive United States $979.7B
✓ HALAL
Confidence: 95/100
Walmart Inc. (WMT) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 6.1% against the AAOIFI threshold of 30%, Walmart Inc. comfortably passes the key financial ratio tests. The company operates in the Consumer Defensive sector (Discount Stores), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from January 2026

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 6.1%
/ 30%
0.9%
/ 30%
1.0%
/ 30%
0.07%
/ 5%
✓ HALAL
DJIM 6.1%
/ 33%
0.9%
/ 33%
1.0%
/ 33%
0.07%
/ 5%
✓ HALAL
MSCI 23.0%
/ 33%
3.5%
/ 33%
3.8%
/ 33%
0.07%
/ 5%
✓ HALAL
S&P 6.1%
/ 33%
0.9%
/ 33%
1.0%
/ 33%
0.07%
/ 5%
✓ HALAL
FTSE 23.0%
/ 33%
3.5%
/ 33%
3.8%
/ 50%
0.07%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
45.0
Forward: 37.4
EPS
$2.73
Dividend Yield
81.0%
Payout: 34.4%
P/B Ratio
9.8
EV/EBITDA
23.7
EV: $1.0T
Revenue
$713.2B
Growth: 5.6%
Beta
0.7
Low volatility
Current Ratio
0.8

Profitability

Gross Margin 24.9%
Operating Margin 4.6%
Net Margin 3.1%
Return on Equity (ROE) 21.8%
Return on Assets (ROA) 6.8%

Cash Flow & Balance Sheet

Operating Cash Flow$41.6B
Free Cash Flow$14.9B
Total Debt$67.1B
Debt-to-Equity64.4
Current Ratio0.8
Total Assets$284.7B

Price & Trading

Last Close$122.18
50-Day MA$124.06
200-Day MA$108.67
Avg Volume31.1M
Beta0.7
52-Week Range
$79.81
$134.69

About Walmart Inc. (WMT)

CEO
Mr. John R. Furner
Employees
2,100,000
Sector
Consumer Defensive
Industry
Discount Stores
Country
United States
Exchange
NASDAQ
Market Cap
$979.7B
Currency
USD

Walmart Inc. engages in the operation of retail and wholesale stores and clubs, ecommerce websites, and mobile applications worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club U.S. It operates supercenters, supermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; and ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites. It offers grocery items, including dry grocery, snacks, dairy, meat, produce, deli and bakery, frozen foods, alcoholic and nonalcoholic beverages, as well as consumables, such as health and beauty aids, pet supplies, household chemicals, paper goods, and baby products; and fuel and other categories. In addition, it is involved in the provision of health and wellness products covering pharmacy, optical and hearing services, over-the-counter drugs, and protein and nutrition products; and home, hardlines, and seasonal items, including home improvement, outdoor living, gardening, furniture, apparel, jewelry, tools and power equipment, housewares, toys, and mattresses. Further, the company offers consumer electronics and accessories, software, video games, office supplies, appliances, and third-party gift cards. Additionally, it operates digital payment platforms; offers financial services and related products, including money transfers, bill payments, money orders, check cashing, prepaid access, co-branded credit cards, installment lending, and earned wage access; and markets lines of merchandise under private and licensed brands. The company was formerly known as Wal-Mart Stores, Inc. and changed its name to Walmart Inc. in February 2018. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.

Purification Calculator

As a halal stock with 0.07% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Walmart Inc. (WMT) halal to invest in?

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

Walmart Inc.'s debt ratio is 6.1% 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 23.0%.

Does Walmart Inc. require dividend purification?

Yes, Walmart Inc. has an impermissible income ratio of 0.07%, which means 0.07% 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 Walmart Inc.'s key financial metrics?

Walmart Inc. has a market capitalization of $979.7B, trailing P/E ratio of 45.0, and revenue of $713.2B. The company maintains a gross margin of 24.9% and a net margin of 3.1%. Return on equity stands at 21.8%.

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.