Is FIGS, Inc. FIGS stock halal to invest in?

Yes, as of August 2026, FIGS, Inc. stock (FIGS) is 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. FIGS, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 98.62%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of FIGS, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is FIGS, Inc. FIGS reviewed for Shariah compliance?

Tabadulat reviews FIGS, Inc. FIGS 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 Monthly screening ensures the status shown for FIGS, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 FIGS, Inc. FIGS pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, FIGS, Inc. stock (FIGS) 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. FIGS, 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 FIGS, Inc. FIGS pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, FIGS, Inc. stock (FIGS) 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). FIGS, 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 FIGS, Inc. FIGS pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, FIGS, Inc. stock (FIGS) passes 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. This cap limits shareholders' exposure to interest-based leverage. FIGS, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for FIGS, Inc. FIGS stock?

As of August 2026, the dividend purification factor for FIGS, Inc. (FIGS) is 98.62%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on FIGS, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does FIGS, Inc. FIGS pass the AAOIFI Preference Share screen?

Yes, as of August 2026, FIGS, Inc. stock (FIGS) 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. FIGS, 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

FIGS, Inc.

NYSE

Shariah-Compliant

Not Shariah

FIGS

About

FIGS, Inc.

FIGS

Figs Inc. is a specialized apparel company focused on designing and selling stylish, high-performance medical scrubs and apparel. Its primary function is to provide healthcare professionals with comfortable, durable, and functional workwear that integrates innovative fabric technology. Known for its direct-to-consumer business model, Figs Inc. utilizes e-commerce to efficiently distribute its products, making it a notable player in the online retail space. The company emphasizes sustainability, ethical manufacturing practices, and social impact, often engaging in initiatives that support healthcare communities. Operating within the evolving healthcare and retail sectors, Figs Inc. taps into the growing demand for advanced medical apparel solutions. The brand has carved out a significant niche in the market, redefining traditional views of medical uniforms by blending fashion-forward design with utility. Established in Los Angeles, Figs Inc. is positioned as a leader in the niche industry of medical apparel, reflecting both the changing needs of healthcare professionals and the increasing importance of functional fashion in various professional fields.

Sector:

Consumer Cyclical

Industry:

Apparel Manufacturing

Employees:

303

Website:

https://www.wearfigs.com

FIGS

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FIGS, Inc.

About

FIGS, Inc.

FIGS

Frequently asked questions

Is FIGS, Inc. FIGS stock halal to invest in?

How often is FIGS, Inc. FIGS reviewed for Shariah compliance?

Does FIGS, Inc. FIGS pass the AAOIFI Non Permissible Income criteria?

Does FIGS, Inc. FIGS pass the AAOIFI Interest Bearing Investments criteria?

Does FIGS, Inc. FIGS pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for FIGS, Inc. FIGS stock?

Does FIGS, Inc. FIGS pass the AAOIFI Preference Share screen?

How do I buy FIGS stock?

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Deposit.

Screen.