Is Designer Brands, Inc. DBI stock halal to invest in?

No, as of August 2026, Designer Brands, Inc. stock (DBI) is not currently classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. Designer Brands, Inc. currently does not meet the threshold for the interest-bearing debt screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of Designer Brands, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Designer Brands, Inc. DBI reviewed for Shariah compliance?

Tabadulat reviews Designer Brands, Inc. DBI for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Designer Brands, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Designer Brands, Inc. DBI pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Designer Brands, Inc. stock (DBI) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Designer Brands, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Designer Brands, Inc. DBI pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Designer Brands, Inc. stock (DBI) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Designer Brands, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Designer Brands, Inc. DBI pass the AAOIFI Interest Bearing Debt criteria?

No, as of August 2026, Designer Brands, Inc. stock (DBI) does not pass the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. Designer Brands, Inc.'s interest-bearing debt currently exceeds this 30% limit, meaning the company relies on riba-based financing beyond the level AAOIFI permits for a halal investment. A company can return to compliance by reducing debt or through changes in market capitalisation, and the screen is reassessed monthly.

What is the dividend purification factor for Designer Brands, Inc. DBI stock?

Designer Brands, Inc. (DBI) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If Designer Brands, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Designer Brands, Inc. DBI pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Designer Brands, Inc. stock (DBI) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Designer Brands, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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English

العربية

Designer Brands, Inc.

NYSE

Shariah-Compliant

Not Shariah

DBI

About

Designer Brands, Inc.

DBI

Designer Brands Inc. is a vertically integrated footwear and accessories retailer and wholesaler headquartered in Ohio, United States. The primary purpose of the company is to offer a vast selection of high-quality shoes at competitive prices across various branded and exclusive products. Designer Brands operates under several key segments including DSW (Designer Shoe Warehouse), a leading footwear retailer with a strong presence in North America, and Camuto Group, a significant design and sourcing company. These segments allow it to cater to a diverse customer base ranging from everyday consumers in need of casual and formal footwear to fashion-forward individuals seeking trendy styles. Designer Brands focuses on delivering value through a blend of physical retail locations and a robust digital platform, thereby enhancing customer experience and expanding market reach. In the broader financial market, the company plays a significant role due to its solid market position in the lifestyle and retail sectors, as well as its ability to adapt to changing consumer preferences and digital retail trends. This positions Designer Brands as a noteworthy entity in the retail apparel industry, reflecting its impact and relevance in the footwear market.

Sector:

Consumer Cyclical

Industry:

Footwear & Accessories

Employees:

14000

Website:

https://www.designerbrands.com

DBI

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Designer Brands, Inc.

About

Designer Brands, Inc.

DBI

Frequently asked questions

Is Designer Brands, Inc. DBI stock halal to invest in?

How often is Designer Brands, Inc. DBI reviewed for Shariah compliance?

Does Designer Brands, Inc. DBI pass the AAOIFI Non Permissible Income criteria?

Does Designer Brands, Inc. DBI pass the AAOIFI Interest Bearing Investments criteria?

Does Designer Brands, Inc. DBI pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Designer Brands, Inc. DBI stock?

Does Designer Brands, Inc. DBI pass the AAOIFI Preference Share screen?

Can I buy Designer Brands (DBI) stock on Tabadulat?

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