What is Caleres, Inc.'s Shariah compliance score?

Caleres, Inc.'s (CAL) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Caleres, Inc. pass AAOIFI screening?

Caleres, Inc. (CAL) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CAL: 234.6%), (3) interest-bearing deposits below 30% (CAL: 8.7%), and (4) prohibited income below 5% (CAL: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Caleres, Inc. stock?

Caleres, Inc. (CAL) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CAL shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Caleres, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Caleres, Inc. (CAL) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CAL's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CAL: Is Caleres, Inc. Halal?

Caleres, Inc.

NYSEConsumer CyclicalUS

$11.31

-4.48%

Market Cap: 379.9M

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Caleres, Inc. (CAL) halal? Not Halal. Based on AAOIFI screening, Caleres, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

234.6% of 30.0% limit

What this means for you

Most scholars advise not holding CAL

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Caleres, Inc.

Caleres, Inc. is a long-standing company primarily involved in the design, sourcing, retail, and wholesale distribution of various footwear products. Its operations span the United States, Canada, China, and Guam, organized into two main divisions: Famous Footwear and Brand Portfolio. The company's comprehensive product range includes athletic, casual, and dress footwear available under licensed, proprietary, and private-label brands, catering to women, men, and children. Through its numerous retail shoe stores, Caleres offers customers a wide selection of popular brand-name shoes from leading manufacturers like Nike, Skechers, adidas, and Dr. Martens. This is complemented by a substantial portfolio of company-owned and licensed brands such as Dr. Scholl's Shoes, Blowfish Malibu, LifeStride, Naturalizer, Franco Sarto, and Ryka. Beyond its physical storefronts, Caleres maintains a significant digital presence, managing a multitude of brand-specific e-commerce websites including naturalizer.com, samedelman.com, allenedmonds.com, and many others. The company also plays a crucial role in the broader footwear supply chain, engaging in the design, sourcing, manufacturing, and marketing of footwear to a diverse client base. This includes national chains, online retailers, department stores, mass merchandisers, independent retailers, and catalog businesses. Its wholesale division additionally distributes men's apparel, leather goods, and accessories under the Allen Edmonds brand, as well as specialized women's footwear lines such as LifeStride, Italian footwear by Franco Sarto, athletic shoes from Rykä, and collections from Vince, Bzees, Zodiac, Veronica Beard, and Via Spiga. With approximately 980 retail locations, the company has a strong market footprint. Founded in 1878 and formerly known as Brown Shoe Company, Inc., Caleres, Inc. is headquartered in St. Louis, Missouri.

Sector: Consumer Cyclical · Industry: Apparel - Footwear & Accessories

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

Not Halalnow
since Jun 2026
Halal
until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

A+

TSLA

Tesla, Inc.

The Home Depot, Inc.

MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Caleres, Inc. (CAL) halal to invest in?

Caleres, Inc. (CAL) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Caleres, Inc. get a F compliance rating?

Caleres, Inc. (CAL) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 234.6% (limit 30%); interest-bearing deposits of 8.7% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Caleres, Inc.'s Shariah verdict?

Caleres, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Caleres, Inc. re-screened for Shariah compliance?

Caleres, Inc. (CAL) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 15, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.