Mattel, Inc.

MAT: Is Mattel, Inc. Halal?

Mattel, Inc.

NASDAQConsumer CyclicalUS

$13.81

-0.50%

Market Cap: 4.0B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Mattel, Inc. (MAT) halal? Not Halal. Based on AAOIFI screening, Mattel, 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%.

56.2% of 30.0% limit

What this means for you

Most scholars advise not holding MAT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Mattel, Inc.

Mattel, Inc. functions as a worldwide children's entertainment corporation, primarily engaged in the design and production of a diverse range of toys and consumer goods. The company's operations are segmented into North America, International, and the American Girl brand. Its extensive product offerings include dolls and accessories, alongside related content, gaming, and lifestyle merchandise for children, marketed under popular labels such as Barbie, Monster High, American Girl, Polly Pocket, Spirit, and Enchantimals; the American Girl brand specifically also provides dolls complemented by books. Additionally, Mattel manufactures die-cast vehicles, track systems, playsets, and accessories that appeal to both children and collectors, prominently featuring brands like Hot Wheels, Monster Trucks, Matchbox, CARS, and Mario Kart. For the infant, toddler, and preschool demographics, the company delivers content, toys, live events, and various lifestyle products through well-known brands including Fisher-Price, Thomas & Friends, Power Wheels, and Fireman Sam. Furthermore, Mattel offers action figures, building sets, and games under its proprietary brands such as Masters of the Universe, MEGA, UNO, Lightyear, Jurassic World, WWE, and Star Wars, while also producing items under licenses from significant partners like Disney, NBCUniversal, WWE, Microsoft, Nickelodeon, Warner Bros, and Sanrio. The company's products are distributed directly to consumers via its catalogs, websites, and proprietary retail outlets, as well as indirectly through a wide array of retailers including discount and free-standing toy stores, chain stores, department stores, and other retail points, alongside wholesalers, agents, and distributors. Founded in 1945, Mattel, Inc. is headquartered in El Segundo, California.

Sector: Consumer Cyclical · Industry: Leisure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

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.

  • Leisure: estimated 2.0% peripheral exposure (AAOIFI industry average)

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

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.

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 Mattel, Inc. (MAT) halal to invest in?
Mattel, Inc. (MAT) 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 Mattel, Inc. get a F compliance rating?
Mattel, Inc. (MAT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 56.2% (limit 30%); interest-bearing deposits of 29.9% (limit 30%); prohibited income of 1.93% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Mattel, Inc.'s Shariah verdict?
Mattel, 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 Mattel, Inc. re-screened for Shariah compliance?
Mattel, Inc. (MAT) 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 18, 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.