G-III Apparel Group, Ltd.

GIII: Is G-III Apparel Group, Ltd. Halal?

G-III Apparel Group, Ltd.

NASDAQConsumer CyclicalUS

$36.41

-0.76%

Market Cap: 1.5B

Compliance Status

Not Halal

Screened on Sep 3, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is G-III Apparel Group, Ltd. (GIII) halal? Not Halal. Based on AAOIFI screening, G-III Apparel Group, Ltd. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates G-III Apparel Group, Ltd. (GIII) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/GIII

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

0.4% of 30.0% limit

What this means for you

Most scholars advise not holding GIII

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About G-III Apparel Group, Ltd.

G-III Apparel Group, Ltd. designs, sources, and markets women’s and men’s apparel in the United States and internationally. It operates through two segments, Wholesale Operations and Retail Operations. The company offers outerwear, dresses, sportswear, swimwear, women’s suits, performance wear, suit separates, athleisure, jeans, handbags, footwear, accessories, small leather goods, cold weather accessories, and luggage. It markets apparel and other products under the its owned brands, including Andrew Marc, DKNY, Donna Karan, Eliza J, G.H. Bass, G-III for Her, G-III Sports by Carl Banks, Jessica Howard, Karl Lagerfeld, Karl Lagerfeld Paris, Marc New York, Sonia Rykiel, Vilebrequin, and Wilsons Leather; and under its licensed brands, such as BCBG, Calvin Klein, Champion, Cole Haan, Converse, Dockers, French Connection, Halston, Kenneth Cole, Kensie, Levi’s, Margaritaville, Nautica, Tommy Hilfiger, and Vince Camuto. The company also engages in licensed team sports business that has partnerships with the National Football League, National Basketball Association, Major League Baseball, and National Hockey League, as well as U.S. colleges and universities. It distributes its products through retailers, digital channels, and online retail partners. G-III Apparel Group, Ltd. was founded in 1956 and is based in New York, New York.

Sector: Consumer Cyclical · Industry: Apparel - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Not Halalnow

    since Sep 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
Free · No credit card required

Track GIII and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is G-III Apparel Group, Ltd. (GIII) halal to invest in?
G-III Apparel Group, Ltd. (GIII) 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 G-III Apparel Group, Ltd. get a F compliance rating?
G-III Apparel Group, Ltd. (GIII) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change G-III Apparel Group, Ltd.'s Shariah verdict?
G-III Apparel Group, Ltd.'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 G-III Apparel Group, Ltd. re-screened for Shariah compliance?
G-III Apparel Group, Ltd. (GIII) 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: Sep 3, 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.