Log In
JMKENot HalalF
Unlock full report, free

Is Jersey Mike's Subs (JMKE) Stock Halal?

Compliance Status

Not Halal

Screened on Nov 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Jersey Mike's Subs Inc. (JMKE) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Nov 1, 2026. Source: https://halalscreener.app/en/stock/JMKE

Business activity

Its main business is permissible, with some incidental non-compliant revenue.

Passed

Company debt

Over the limit

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

43.0% of 30.0% limit
PRO DETAIL

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.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding JMKE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Share this verdict

A receipt-style image with the math on it, so whoever you send it to can check it.

Jersey Mike's Subs Inc.

JMKE

Jersey Mike's Subs Inc.

NYSEConsumer CyclicalUS

$18.29

Market Cap: 4.3B

Get an email if JMKE's halal status changes

We re-screen Jersey Mike's Subs Inc. 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 Jersey Mike's Subs Inc.

Jersey Mike's Subs, Inc. engages in franchising fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, and craveable subs. The company was founded by Peter Cancro in 1956 and is headquartered in Tinton Falls, DE.

Sector: Consumer Cyclical · Industry: Restaurants

Why this does not pass

  • Interest-bearing debt is 43.0% 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

AAOIFI Standard 21Updated Nov 1, 2026
AI Compliance InsightProSee plans

Business Activity Screen

Passed

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

Peripheral exposure (still halal, purify this share)
2.0%

Primary business is permissible. AAOIFI allows up to 5% revenue from incidental non-compliant sources, provided the share is purified.

  • •Estimated 2.0% of revenue from non-compliant sources. This is an average for Restaurants, not a figure the company reports.

Use the Purification Calculator to compute exactly how much of your dividend income to donate.

Revenue BreakdownProSee plans

Compliance History

  1. Not Halalnow

    since Oct 2026

  2. Under Review

    until the change above

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

Fiscal: Q3 2026Data source: FMP

Halal Alternatives in Consumer Cyclical

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

03
0380.KLA+

Aquawalk Group Berhad

$0.12

-0.04%

03
0393.KLA+

Teamstar Berhad

$0.24

+0.00%

35
3573.KLA+

Lien Hoe Corporation Berhad

$0.10

+0.00%

38
3891.KLA+

Malayan United Industries Berhad

$0.04

+0.00%

53
5336.KLA+

CUCKOO International (MAL) Berhad

$0.34

-0.03%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

A

TSLA

Tesla, Inc.

A

HD

The Home Depot, Inc.

A

MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

C

LOW

Lowe's Companies, Inc.

F
Free · No credit card required

Know the day JMKE'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.

Get Started FreeBrowse Screener
8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Jersey Mike's Subs Inc. (JMKE) halal to invest in?
Jersey Mike's Subs Inc. (JMKE) 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 Jersey Mike's Subs Inc. get a F compliance rating?
Jersey Mike's Subs Inc. (JMKE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 43.0% (limit 30%); interest-bearing deposits well clear of the 30% limit; prohibited income well clear of the 5% limit. The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Jersey Mike's Subs Inc.'s Shariah verdict?
Jersey Mike's Subs Inc.'s verdict is recalculated at every re-screen, including the one that follows each new quarterly or annual report. 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 Jersey Mike's Subs Inc. re-screened for Shariah compliance?
Jersey Mike's Subs Inc. (JMKE) is screened from the latest financial statements on record, currently those for fiscal Q3 2026. The 500 largest US-listed companies, and every stock on a HalalScreener watchlist or portfolio, are re-screened daily against the current market cap; every other stock at least once a week. When the company files a new quarterly or annual report with the SEC, it is re-screened from that filing: we check the SEC's filing feed every 15 minutes and the earnings calendar every day. Last screened: Nov 1, 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.