COLM

Columbia Sportswear Company

HALAL — DATA INCOMPLETEstock

Is COLM Halal?

Designer and marketer of outdoor apparel, footwear, and accessories (Columbia, SOREL, Mountain Hardwear) — a permissible business with no borrowings outstanding in the latest filing.

What You Should Know

Columbia Sportswear Company designs and distributes outdoor apparel, footwear, accessories and equipment under Columbia, SOREL, Mountain Hardwear and prAna. Its March 31, 2026 Form 10-Q states that no balances were outstanding under its credit facilities and reports $319.341 million of cash, $216.013 million of short-term investments and $368.311 million of receivables against $2,563.586 million of assets. Debt/assets is 0.00%, liquidity/assets is 20.88%, receivables plus cash/assets is 26.82% and disclosed interest income/revenue is 0.63%. Outdoor consumer products remain generally permissible, while materials, licensing and marketing remain qualitative.

⚠️ Concerns

  • The latest filing reports no balances outstanding under the credit facilities, but future draws would change the screen
  • Disclosed interest income is 0.63% of first-quarter net sales; purification treatment remains scholar-dependent
  • Wholesale receivables, inventory, product materials and brand marketing remain qualitative or business considerations
  • Weather, geographic exposure and consumer-discretionary demand remain business risks

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
0.00%Within limit
Below 33.333% under FTSE Yasaar

0 / 2,563.586

Cash + interest-bearing securities / assets
20.88%Within limit
Below 33.333% under FTSE Yasaar

535.354 / 2,563.586

Receivables + cash / assets
26.82%Within limit
Below 50% under FTSE Yasaar

687.652 / 2,563.586

Non-compliant income / revenue
0.63%Within limit
No more than 5% under FTSE Yasaar

4.883 / 779.013

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt/assets is 0.00%, liquidity/assets is 20.88%, receivables-plus-cash/assets is 26.82% and disclosed interest income is 0.63%; known ratios pass while activity remains qualitative.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt/assets, liquidity/assets and receivables-plus-cash/assets are below the examined MSCI total-assets limits; this is not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Known debt and liquidity ratios are below the examined Malaysia limits; this is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A licensed historical market-cap series is not stored.

Business-activity disclosure

Columbia Sportswear designs, markets and distributes outdoor apparel, footwear, accessories and equipment under Columbia, SOREL, Mountain Hardwear and prAna. Consumer products are generally permissible, but product materials, licensing and end-use revenue are not reduced to a universal prohibited-revenue numerator.

Limitation: The filing does not classify every product, material, licensee, marketing practice or customer end use by a universal Sharia category; activity remains qualitative.

Purification

Columbia discloses $4.883 million of interest income, net, but ZakatInvest does not prescribe a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Columbia Sportswear's March 31, 2026 Form 10-Q.
  • The filing states that there were no balances outstanding under the domestic, European or international credit facilities; operating lease liabilities are excluded.
  • Cash and cash equivalents are $319.341 million and short-term investments are $216.013 million.
  • Accounts receivable, net is $368.311 million; first-quarter net sales are $779.013 million.
  • The filing discloses $4.883 million of interest income, net; no fixed purification percentage is prescribed.
  • Outdoor apparel, footwear and accessories are generally permissible, while product materials, marketing, licensing and end-use activity remain qualitative.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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