Compliance Status
Not Halal
Screened on Oct 19, 2026 · AAOIFI Standard 21
Non-Compliant
Is Vipshop Holdings Limited (VIPS) halal? Not Halal. Based on AAOIFI screening, Vipshop Holdings Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Vipshop Holdings Limited (VIPS) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 19, 2026. Source: https://halalscreener.app/en/stock/VIPS
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
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.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding VIPS
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
VIPS: Is Vipshop Holdings Limited Halal?
Vipshop Holdings Limited
$12.86
-2.35%
Market Cap: 6.1B
Screened on a market cap of 40.8B
Get an email if VIPS's halal status changes
We re-screen Vipshop Holdings Limited 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 Vipshop Holdings Limited
Vipshop Holdings Limited (VIPS) functions as a leading online retail enterprise within the People's Republic of China. The company operates a collection of e-commerce platforms, notably Vip.com and Shan Shan Outlets, through which it delivers a wide variety of branded merchandise to consumers. Its extensive product offerings span numerous categories. In the realm of fashion, Vipshop provides a broad assortment of apparel for women (including casual wear, dresses, and intimate apparel), men (featuring casual and smart-casual attire), and children (encompassing clothing, accessories, toys, and nursery essentials). The inventory also includes a comprehensive range of beauty products, such as skincare and cosmetics, alongside diverse footwear and bags suitable for various occasions, from everyday use to travel. Beyond personal items, the company supplies household goods like furnishings, decor, kitchenware, and appliances, as well as consumer electronics, sporting equipment, groceries (including food, beverages, and fresh produce), and pet supplies. Furthermore, Vipshop extends its services into internet finance, providing options like consumer and supplier financing, and microcredit. Customers can access these branded products and financial offerings through its primary digital channels, vip.com and vipshop.com, which are available via both web browsers and dedicated mobile applications. The company's operations are underpinned by a robust suite of supporting services. These include warehousing and logistics management, product procurement, research and development, technology infrastructure support, software development, IT solutions, and comprehensive supply chain management. Founded in 2008, Vipshop Holdings Limited is headquartered in Guangzhou, China.
Sector: Consumer Cyclical · Industry: Specialty Retail
Why this does not pass
- Interest-bearing deposits are over the 30% 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
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why VIPS is rated Not Halal with institutional-grade analysis
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.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Sep 2026
Under Review
until the change above
Not Halal
until the change above
Under Review
until the change above
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Consumer Cyclical Stocks
Know the day VIPS'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.
Frequently Asked Questions
Is Vipshop Holdings Limited (VIPS) halal to invest in?
Why did Vipshop Holdings Limited get a F compliance rating?
What could change Vipshop Holdings Limited's Shariah verdict?
How often is Vipshop Holdings Limited re-screened for Shariah compliance?
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.