Is Tandy Leather Factory, Inc. TLF stock halal to invest in?

No, as of August 2026, Tandy Leather Factory, Inc. stock (TLF) 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. Tandy Leather Factory, Inc. currently does not meet the threshold for the interest-bearing investments 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 Tandy Leather Factory, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is Tandy Leather Factory, Inc. TLF reviewed for Shariah compliance?

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screening ensures the status shown for Tandy Leather Factory, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

Yes, as of August 2026, Tandy Leather Factory, Inc. stock (TLF) 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. Tandy Leather Factory, 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 Tandy Leather Factory, Inc. TLF pass the AAOIFI Interest Bearing Investments criteria?

No, as of August 2026, Tandy Leather Factory, Inc. stock (TLF) does not pass 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. Tandy Leather Factory, Inc.'s interest-bearing investments currently exceed this 30% limit, meaning too large a share of the company's value derives from riba-based instruments for the stock to qualify as halal on this criterion. The ratio moves with both the balance sheet and the share price, and is reassessed monthly.

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Tandy Leather Factory, Inc. stock (TLF) 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. Tandy Leather Factory, 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 Tandy Leather Factory, Inc. TLF stock?

Tandy Leather Factory, Inc. (TLF) 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 Tandy Leather Factory, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Tandy Leather Factory, Inc. stock (TLF) 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. Tandy Leather Factory, 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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Tandy Leather Factory, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

TLF

About

Tandy Leather Factory, Inc.

TLF

Tandy Leather Factory Inc. is a specialized retailer and distributor of leather and leathercraft items. The company is dedicated to serving the niche market of leathercraft enthusiasts and professionals. Tandy’s offerings include a vast array of products such as leather, tools, dyes, finishes, and hardware, aiming to support a diverse range of leather crafting projects. The company operates numerous retail locations and also offers an extensive online shopping experience to reach a wider audience. Tandy Leather Factory Inc. plays a significant role in supporting DIY craft projects, small businesses, and hobbyists by providing quality materials and expert advice. Its sector-specific focus is central to communities interested in handmade crafts, fashion, and accessories, and the brand maintains a loyal customer base among artisans and crafters. Additionally, Tandy's educational efforts, including workshops and online resources, empower new generations of leatherworkers to learn and enhance their skills, solidifying its place as a cornerstone in the leathercraft industry.

Sector:

Consumer Cyclical

Industry:

Specialty Retail

Employees:

414

Website:

https://www.tandyleather.com

TLF

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Tandy Leather Factory, Inc.

About

Tandy Leather Factory, Inc.

TLF

Frequently asked questions

Is Tandy Leather Factory, Inc. TLF stock halal to invest in?

How often is Tandy Leather Factory, Inc. TLF reviewed for Shariah compliance?

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Non Permissible Income criteria?

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Interest Bearing Investments criteria?

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Tandy Leather Factory, Inc. TLF stock?

Does Tandy Leather Factory, Inc. TLF pass the AAOIFI Preference Share screen?

Can I buy Tandy Leather Factory (TLF) stock on Tabadulat?

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