Target Corporation

TGT: Is Target Corporation Halal?

Target Corporation

NYSEConsumer DefensiveUS

$139.62

-0.14%

Market Cap: 63.4B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

C+

Fair

54Score

Is Target Corporation (TGT) halal? Halal. Based on AAOIFI screening, Target Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 54/100 (Grade: C+).

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

23.1% of 30.0% limit

What this means for you

You can own TGT

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

Purify 3% of your income from TGT

That is about $3.00 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Target Corporation

Target Corporation operates as a prominent general merchandise retailer throughout the United States. Its extensive product range includes a wide array of food items like perishables, dry groceries, dairy, and frozen goods, alongside apparel, accessories, home décor, electronics, toys, seasonal offerings, and essential beauty and household products. Beyond merchandise, Target stores often feature convenient in-store amenities such as Target Café, Target Optical, Starbucks outlets, and various other food service options. The company facilitates sales through its physical retail locations and its digital platform, Target.com. As of March 9, 2022, Target maintained a network of approximately 2,000 stores. Founded in 1902, the corporation's headquarters are situated in Minneapolis, Minnesota.

Sector: Consumer Defensive · Industry: Discount Stores

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)
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 Target Corporation (TGT) halal to invest in?
Based on AAOIFI Standard 21 screening, Target Corporation (TGT) is rated Halal with a compliance grade of C+ (Fair). 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 Target Corporation get a C+ compliance rating?
Target Corporation (TGT) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 23.1% (limit 30%); interest-bearing deposits of 14.4% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Target Corporation's Shariah verdict?
Target Corporation'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 Target Corporation re-screened for Shariah compliance?
Target Corporation (TGT) 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.