
Is Winmark (WINA) stock Halal?
Winmark Corp. (WINA) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the non-permissible income screen. Tabadulat re-screens WINA monthly, and a stock can return to compliance when new financial reports change its ratios.
Winmark operates as a business services and retail franchise company in the United States. It engages in the franchising of retail stores that buy, sell, trade, and consign used and new merchandise. Through its resale store brands, such as Plato's Closet, Once Upon a Child, Play It Again Sports, Style Encore, and Music Go Round, Winmark facilitates the reutilization of goods, promoting sustainable consumption practices. Before any of that matters to a Muslim investor, one question comes first: is Winmark stock Halal?
Is Winmark Shariah compliant?
Industrial businesses like Winmark 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 Winmark pass the business activity test?
The activity screen is only part of the picture this month: Winmark currently fails the non-permissible income screen, 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 Winmark's income Halal?
No. Winmark'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 Winmark meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has WINA re-screened every month, and the result above always shows the latest verdict.
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?



