Compliance Status
Not Halal
Screened on Oct 17, 2026 · AAOIFI Standard 21
Non-Compliant
Is Ingles Markets, Incorporated (IMKTA) halal? Not Halal. Based on AAOIFI screening, Ingles Markets, Incorporated passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Ingles Markets, Incorporated (IMKTA) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/IMKTA
Business activity
Its main business is permissible, with some incidental non-compliant revenue.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding IMKTA
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
IMKTA: Is Ingles Markets, Incorporated Halal?
Ingles Markets, Incorporated
$86.45
Market Cap: 1.6B
Get an email if IMKTA's halal status changes
We re-screen Ingles Markets, Incorporated daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Ingles Markets, Incorporated
Ingles Markets, Incorporated functions as a major supermarket chain predominantly located throughout the southeastern United States. The company provides a comprehensive selection of food products, ranging from fresh produce, meats, and dairy to frozen goods, general groceries, and other perishable items. Beyond the food aisle, Ingles also offers various non-food essentials, such as health and beauty care products, general merchandise, and its own proprietary private label brands. Many of its locations also feature convenient fuel centers and pharmacies. A unique aspect of Ingles Markets is its ownership and operation of a milk processing and packaging plant. This facility produces organic milk, fruit juices, and bottled water, supplying these items not only to its own stores but also to other retail outlets, food service distributors, and wholesale grocery warehouses. Within its stores, customers can also find prepared home meal replacements, full-service delicatessens, in-store bakeries, floral departments, and greeting card selections. The company further emphasizes a wide array of local organic, beverage, and health-conscious product options. As of September 25, 2021, Ingles Markets managed a network of 198 supermarkets, comprising 189 stores under the Ingles brand and 9 under the Sav-Mor name. These stores are situated across western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama. Additionally, the company operated 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was established in 1963 and is headquartered in Asheville, North Carolina.
Sector: Consumer Defensive · Industry: Grocery Stores
Why this does not pass
- Interest-bearing debt is 32.1% of market cap, over the 30% AAOIFI limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why IMKTA is rated Not Halal with institutional-grade analysis
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.
- •Estimated 3.0% of revenue from non-compliant sources. This is an average for Grocery Stores, not a figure the company reports.
Use the Purification Calculator to compute exactly how much of your dividend income to donate.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halal, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Defensive
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Consumer Defensive Stocks
Know the day IMKTA's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Ingles Markets, Incorporated (IMKTA) halal to invest in?
Why did Ingles Markets, Incorporated get a F compliance rating?
What could change Ingles Markets, Incorporated's Shariah verdict?
How often is Ingles Markets, Incorporated re-screened for Shariah compliance?
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.