
Is Xponential Fitness (XPOF) stock Halal?
Xponential Fitness, Inc. (XPOF) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens XPOF monthly, and a stock can return to compliance when new financial reports change its ratios.
Xponential Fitness is a prominent player in the health and wellness sector, known for its comprehensive franchising model that encompasses a robust portfolio of boutique fitness brands. The company's primary function is to develop and manage high-quality, technologically advanced fitness locations across numerous modalities, such as Pilates, cycling, and yoga. Xponential Fitness plays an influential role in the fitness industry by combining individual studio experiences with the scalability and reach of corporate oversight. Before any of that matters to a Muslim investor, one question comes first: is Xponential Fitness stock Halal?
Is Xponential Fitness Shariah compliant?
Industrial businesses like Xponential Fitness 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 Xponential Fitness pass the business activity test?
The activity screen is only part of the picture this month: Xponential Fitness currently fails the interest-bearing debt 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 Xponential Fitness' income Halal?
Yes, within AAOIFI's tolerance. Xponential Fitness' income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Xponential Fitness 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?



