Is Industria de Diseño Textil, S.A. (IDEXY) halal? Halal. Based on AAOIFI screening, Industria de Diseño Textil, S.A. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).

Industria de Diseño Textil, S.A.

IDEXY: Is Industria de Diseño Textil, S.A. Halal?

Halal

Industria de Diseño Textil, S.A.

OTCConsumer CyclicalES

$16.31

+3.23%

About Industria de Diseño Textil, S.A.

Industria de Diseño Textil, S.A. (IDEXY) operates extensively in the global retail sector, specializing in the distribution of apparel, footwear, accessories, and home textiles. Its product offerings are made available through a wide array of well-known retail concepts, including Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe, accessible both via physical stores and e-commerce channels. As of July 13, 2021, the company maintained a substantial international presence, boasting 6,829 physical stores across 96 different markets and operating online platforms in 216 markets worldwide. Beyond its primary retail ventures, IDEXY's activities also encompass diverse areas such as textile manufacturing, product design, financial services, real estate management, logistics, insurance, and even combined heat and power plant and construction endeavors. The enterprise, founded in 1963 and headquartered in Corunna, Spain, conducts its operations across Spain, the broader European continent, the Americas, and various other international regions.

Sector: Consumer Cyclical · Industry: Apparel - Retail

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
A+

Excellent

Exceptionally strong compliance

92Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap3.5% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 11, 2026Fiscal: FY 2026Source: FMP-ADR

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Financial Overview

Market Cap

203.2B

Price

$16.31

Sector

Consumer Cyclical

Industry

Apparel - Retail

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Frequently Asked Questions

Is Industria de Diseño Textil, S.A. (IDEXY) halal to invest in?
Based on AAOIFI Standard 21 screening, Industria de Diseño Textil, S.A. (IDEXY) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Industria de Diseño Textil, S.A. get a A+ compliance rating?
Industria de Diseño Textil, S.A. (IDEXY) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.5% (limit 30%); interest-bearing deposits of 6.4% (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 Industria de Diseño Textil, S.A.'s Shariah verdict?
Industria de Diseño Textil, S.A.'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 Industria de Diseño Textil, S.A. re-screened for Shariah compliance?
Industria de Diseño Textil, S.A. (IDEXY) 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: Jun 11, 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.