Is Zalando (ZAL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 32.7% / 30% | 51.0% / 30% | 11.3% / 30% | 0.72% / 5% | ✗ NOT HALAL |
| DJIM | 32.7% / 33% | 51.0% / 33% | 11.3% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| MSCI | 21.6% / 33% | 33.7% / 33% | 7.4% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| S&P | 32.7% / 33% | 51.0% / 33% | 11.3% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| FTSE | 21.6% / 33% | 33.7% / 33% | 7.4% / 50% | 0.72% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.9% | |
| Operating Margin | 5.3% | |
| Net Margin | 1.7% | |
| Return on Equity (ROE) | 7.7% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.1B |
| Free Cash Flow | $904M |
| Total Debt | $1.4B |
| Debt-to-Equity | 51.0 |
| Current Ratio | 1.1 |
| Total Assets | $9.3B |
Price & Trading
| Last Close | EUR 20.64 |
| 50-Day MA | EUR 21.89 |
| 200-Day MA | EUR 24.40 |
| Avg Volume | 1.8M |
| Beta | 1.8 |
|
52-Week Range
EUR 18.79
| |
About Zalando (ZAL)
Zalando SE operates an online platform for fashion and lifestyle products in Germany and internationally. The company operates through Business-to-Business and Business-to-Consumer segments. It engages in the development, sourcing, marketing, retail, and commission sale of various type of goods, including shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company sells its products through Lounge by Zalando and its outlets. Zalando SE was founded in 2008 and is headquartered in Berlin, Germany.
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Frequently Asked Questions
Is Zalando (ZAL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Zalando 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 Zalando's debt ratio?
Zalando's debt ratio is 32.7% 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 21.6%.
What are Zalando's key financial metrics?
Zalando has a market capitalization of $5.2B, trailing P/E ratio of 24.5, and revenue of $12.3B. The company maintains a gross margin of 39.9% and a net margin of 1.7%. Return on equity stands at 7.7%.
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.