
WEYS: Is Weyco Group, Inc. Halal?
Weyco Group, Inc.
$39.20
-2.80%
Market Cap: 373.7M
Compliance Status
Doubtful
Screened on Jul 18, 2026 · AAOIFI Standard 21
Good
Is Weyco Group, Inc. (WEYS) halal? Doubtful. Based on AAOIFI screening, Weyco Group, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 72/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own WEYS, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purify 0.9% of your income from WEYS
That is about $0.90 of every $100 you earn from it. Donate this share to charity.
Calculate my exact amountAbout Weyco Group, Inc.
Weyco Group, Inc. specializes in the creation and distribution of footwear for male, female, and juvenile consumers. Its operations are divided into two main segments: wholesale activities across North America and its retail presence within the same region. The company's diverse product line includes moderately priced leather dress shoes, casual options made from either synthetic materials or leather, and robust outdoor boots, shoes, and sandals. These products are sold under established brands such as Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters. Weyco Group conducts extensive wholesale distribution, supplying its merchandise to approximately 10,000 various outlets, including dedicated footwear stores, department stores, specialized boutiques, and e-commerce platforms. As of December 31, 2021, the firm operated four physical retail stores in the United States. Additionally, it expands its brand influence through licensing agreements, permitting third parties to market branded apparel, accessories, and specialized footwear. The company's global reach extends to markets including the United States, Canada, Europe, Australia, Asia, and South Africa. Founded in 1906 as Weyenberg Shoe Manufacturing Company, the organization rebranded as Weyco Group, Inc. in April 1990 and maintains its corporate headquarters in Milwaukee, Wisconsin.
Sector: Consumer Cyclical · Industry: Apparel - Footwear & Accessories
Why This Stock Is Doubtful
- Interest-bearing deposits are 25.7% of market cap, only 4.3 points below the 30% limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtful, unchanged since May 2026.
No status changes recorded since we began tracking.
Tracked since May 2026. Updates automatically on each re-screen.
More Consumer Cyclical Stocks
Track WEYS and 10,000+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Weyco Group, Inc. (WEYS) halal to invest in?
Why did Weyco Group, Inc. get a B+ compliance rating?
What could change Weyco Group, Inc.'s Shariah verdict?
How often is Weyco Group, Inc. 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.