Weyco Group, Inc.

WEYS: Is Weyco Group, Inc. Halal?

Weyco Group, Inc.

NASDAQConsumer CyclicalUS

$45.39

+1.23%

Market Cap: 432.7M

Compliance Status

Halal

Screened on Aug 29, 2026 · AAOIFI Standard 21

B+

Good

75Score

Is Weyco Group, Inc. (WEYS) halal? Halal. Based on AAOIFI screening, Weyco Group, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 75/100 (Grade: B+).

Quote this verdict

HalalScreener rates Weyco Group, Inc. (WEYS) Halal, 75/100, grade B+ under AAOIFI Standard 21, screened Aug 29, 2026. Source: https://halalscreener.app/en/stock/WEYS

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%.

2.5% of 30.0% limit

What this means for you

You can own WEYS

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

Purification amount is Pro

We have screened WEYS's prohibited income, but the exact share you would need to purify is part of Pro.

About 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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 29, 2026

Compliance History

  1. Halalnow

    since Aug 2026

  2. Doubtful

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Weyco Group, Inc. (WEYS) halal to invest in?
Based on AAOIFI Standard 21 screening, Weyco Group, Inc. (WEYS) 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 Weyco Group, Inc. get a B+ compliance rating?
Weyco Group, Inc. (WEYS) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Weyco Group, Inc.'s Shariah verdict?
Weyco Group, 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 Weyco Group, Inc. re-screened for Shariah compliance?
Weyco Group, Inc. (WEYS) 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.