Designer Brands Inc.

DBI: Is Designer Brands Inc. Halal?

Designer Brands Inc.

NYSEConsumer CyclicalUS

$5.42

-2.34%

Market Cap: 275.2M

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

187.6% of 30.0% limit

What this means for you

Most scholars advise not holding DBI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Designer Brands Inc.

Designer Brands Inc. (DBI), through its various subsidiaries, specializes in the creation, production, and sale of footwear and fashion accessories for women, men, and children, primarily serving the North American market. The company structures its operations into three main divisions: U.S. Retail, Canada Retail, and Brand Portfolio. Its extensive product selection includes formal, casual, and athletic footwear, as well as handbags. These items are offered under several proprietary and licensed brands, such as Vince Camuto, Louise et Cie, Jessica Simpson, Lucky, JLO Jenifer Lopez, among others. Beyond its physical retail footprint, which encompasses banners like DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse, DBI also manages a suite of e-commerce platforms, including vincecamuto.com, dsw.com, dsw.ca, and theshoecompany.ca. As of January 29, 2022, the company operated a network of 648 stores. Established in 1991, Designer Brands Inc. is headquartered in Columbus, Ohio.

Sector: Consumer Cyclical · Industry: Apparel - Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 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:

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Frequently Asked Questions

Is Designer Brands Inc. (DBI) halal to invest in?
Designer Brands Inc. (DBI) 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 Designer Brands Inc. get a F compliance rating?
Designer Brands Inc. (DBI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 187.6% (limit 30%); interest-bearing deposits of 16.7% (limit 30%); prohibited income of 0.01% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Designer Brands Inc.'s Shariah verdict?
Designer Brands 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 Designer Brands Inc. re-screened for Shariah compliance?
Designer Brands Inc. (DBI) 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 17, 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.