Portillo's Inc.

PTLO: Is Portillo's Inc. Halal?

Portillo's Inc.

NASDAQConsumer CyclicalUS

$4.97

+4.19%

Market Cap: 359.7M

Compliance Status

Not Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Portillo's Inc. (PTLO) halal? Not Halal. Based on AAOIFI screening, Portillo's 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 Portillo's Inc. (PTLO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/PTLO

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%.

99.5% of 30.0% limit

What this means for you

Most scholars advise not holding PTLO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Portillo's Inc.

Portillo's Inc., along with its affiliated companies, owns and operates a network of quick-service and fast-casual restaurants throughout the United States. The company's diverse menu prominently features classic Chicago-style hot dogs and sausages, savory Italian beef sandwiches, flame-grilled burgers, crisp chopped salads, signature crinkle-cut French fries, and celebrated homemade chocolate cakes and chocolate cake shakes. By March 10, 2022, Portillo's had expanded its presence to 70 locations across nine states. Customers can also conveniently order its offerings through its official website. The company, established in 1963, maintains its corporate headquarters in Oak Brook, Illinois.

Sector: Consumer Cyclical · Industry: Restaurants

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 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.

  • Restaurants: 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: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Portillo's Inc. (PTLO) halal to invest in?
Portillo's Inc. (PTLO) 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 Portillo's Inc. get a F compliance rating?
Portillo's Inc. (PTLO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 99.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Portillo's Inc.'s Shariah verdict?
Portillo's 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 Portillo's Inc. re-screened for Shariah compliance?
Portillo's Inc. (PTLO) 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: Aug 29, 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.