
Is ONE Group Hospitality (STKS) stock Halal?
September 2026 AAOIFI screening result for The ONE Group Hospitality, Inc. (STKS): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, fail. Preference shares, pass. The ONE Group Hospitality, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
ONE Group Hospitality is a leading hospitality management company specializing in upscale dining experiences and luxury hospitality services. The primary function of the company is to manage, develop, and operate a blend of internationally-renowned restaurant brands and high-end food service offerings. Notably, One Group Hospitality is well-known for its innovative dining concepts, including the STK Steakhouse restaurants, which uniquely blend high-energy ambiance with top-tier cuisine. Before any of that matters to a Muslim investor, one question comes first: is ONE Group Hospitality stock Halal?
Is ONE Group Hospitality Shariah compliant?
Industrial businesses like ONE Group Hospitality usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does ONE Group Hospitality pass the business activity test?
The activity screen is only part of the picture this month: ONE Group Hospitality currently fails the non-permissible income and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is ONE Group Hospitality's income Halal?
No. ONE Group Hospitality's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does ONE Group Hospitality meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



