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Is TJX Companies (TJX) halal?

NYSE · Consumer Cyclical — Apparel Retail
Compliant

TJX Companies is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 10.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% of revenue (limit 5%).

The AAOIFI financial screen

TestResultLimitStatus
Interest-bearing debt ÷ market capitalisation10.4%< 30%Within limit
Non-permissible income ÷ revenue0.3%< 5%Within limit

A ratio at or above 30% (debt) or 5% (income) fails. A debt ratio of 27–30% or an income ratio of 4–5% is marked "close to limit" and makes the company questionable.

Purification

Even a compliant company earns a little interest. About 0.3% of TJX Companies's revenue is non-permissible income, so a shareholder who receives dividends would normally donate about 0.3% of each dividend. Open the full analysis for the amount per share.

About TJX Companies

The TJX Companies, Inc. is a leading off-price retailer of apparel and home fashion merchandise, headquartered in Framingham, Massachusetts since its founding in 1962. The company operates through four main business segments: Marmaxx, which includes TJ Maxx and Marshalls stores; HomeGoods, featuring home furnishings and décor; TJX Canada; and TJX International. The TJX Companies, Inc. serves value-conscious consumers by offering brand-name and designer merchandise at…

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Frequently asked questions

Is TJX Companies (TJX) halal?

TJX Companies is compliant under Sanad's AAOIFI Standard 21 screen: interest-bearing debt is 10.4% of market capitalisation (limit 30%), and non-permissible (interest) income is 0.3% of revenue (limit 5%).

What makes a stock halal or haram?

Under AAOIFI Standard 21 a company must first have a permissible core business (no conventional banking or insurance, alcohol, tobacco, gambling or similar). Then interest-bearing debt must be under 30% of its market value and interest income under 5% of its revenue.

How much of TJX Companies's dividends should be purified?

About 0.3% of each dividend, the share of the company's income that is not permissible. Donate that amount rather than keeping it.

How often is this updated?

Prices refresh daily and the ratios update when the company files new financial statements, usually every quarter. This page's data was last updated 2026-09-16.

Screened against AAOIFI Standard 21 using the company's latest reported financials (data updated 2026-09-16). This is an automated screen, not a fatwa; scholars differ on some thresholds. What each verdict means.