What is Ollie's Bargain Outlet Holdings, Inc.'s Shariah compliance score?

Ollie's Bargain Outlet Holdings, Inc. (OLLI) has a Shariah compliance score of 77/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Ollie's Bargain Outlet Holdings, Inc. pass AAOIFI screening?

Ollie's Bargain Outlet Holdings, Inc. (OLLI) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (OLLI: 0.0%), (3) interest-bearing deposits below 30% (OLLI: 5.0%), and (4) prohibited income below 5% (OLLI: 0.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Ollie's Bargain Outlet Holdings, Inc. stock?

Ollie's Bargain Outlet Holdings, Inc. (OLLI) has a non-permissible income ratio of 0.81%. Muslim investors should purify this percentage of any dividends received and capital gains realized from OLLI shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Ollie's Bargain Outlet Holdings, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ollie's Bargain Outlet Holdings, Inc. (OLLI) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about OLLI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

OLLI: Is Ollie's Bargain Outlet Holdings, Inc. Halal?

Ollie's Bargain Outlet Holdings, Inc.

NASDAQConsumer DefensiveUS

$65.33

+0.66%

Market Cap: 3.9B

Compliance Status

Halal

Screened on Jul 14, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Ollie's Bargain Outlet Holdings, Inc. (OLLI) halal? Halal. Based on AAOIFI screening, Ollie's Bargain Outlet Holdings, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

AvoidBorderlineClean

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%.

0.0% of 30.0% limit

What this means for you

You can own OLLI

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 3.8% of your income from OLLI

That is about $3.80 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Ollie's Bargain Outlet Holdings, Inc.

Ollie's Bargain Outlet Holdings, Inc. operates as a leading discount retailer, offering a wide variety of brand-name goods. The company's diverse inventory includes home essentials such as housewares, bed and bath products, and floor coverings, as well as food items, health and beauty aids, books, stationery, toys, and electronics. Additionally, they stock hardware, confectionery, apparel, sporting goods, pet supplies, and lawn and garden items. Ollie's markets its products under various proprietary labels, including Ollie's, Ollie's Bargain Outlet, Good Stuff Cheap, Ollie's Army, Real Brands Real Cheap!, Real Brands! Real Bargains, Sarasota Breeze, Steelton Tools, American Way, and Middleton Home. As of August 3, 2022, the company maintained 450 retail locations across 29 states, covering approximately half of the United States. Established in 1982, the business was initially known as Bargain Holdings, Inc., before officially adopting the name Ollie's Bargain Outlet Holdings, Inc. in March 2015. Its corporate headquarters are situated in Harrisburg, Pennsylvania.

Sector: Consumer Defensive · Industry: Discount Stores

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 14, 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)

3.0%

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

•Discount Stores: estimated 3.0% peripheral exposure (AAOIFI industry average)

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

Compliance History

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

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Frequently Asked Questions

Is Ollie's Bargain Outlet Holdings, Inc. (OLLI) halal to invest in?

Based on AAOIFI Standard 21 screening, Ollie's Bargain Outlet Holdings, Inc. (OLLI) is rated Halal with a compliance grade of B+ (Good). 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 Ollie's Bargain Outlet Holdings, Inc. get a B+ compliance rating?

Ollie's Bargain Outlet Holdings, Inc. (OLLI) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 5.0% (limit 30%); prohibited income of 0.81% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ollie's Bargain Outlet Holdings, Inc.'s Shariah verdict?

Ollie's Bargain Outlet Holdings, 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 Ollie's Bargain Outlet Holdings, Inc. re-screened for Shariah compliance?

Ollie's Bargain Outlet Holdings, Inc. (OLLI) 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 14, 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.