RL

Ralph Lauren Corporation

HALAL — DATA INCOMPLETEstock

Is RL Halal?

Designer and marketer of apparel, accessories and home products — a generally permissible consumer-products business whose latest filing-based asset ratios pass, pending qualitative review.

What You Should Know

Ralph Lauren designs, markets and distributes apparel, footwear, accessories, home products and fragrances through wholesale, retail and digital channels. Its March 28, 2026 Form 10-K reports $1,238.9 million of senior-note debt, $1,988.0 million of cash, $77.0 million of short-term investments, $491.7 million of receivables and $53.7 million of interest income on $8,114.5 million of revenue. Debt is 16.01%, liquidity is 26.68%, receivables plus cash are 32.04% and disclosed interest income is 0.66%; known filing-based ratios pass the examined asset methods. Product-specific ingredients, licensing and end-use classification remain qualitative.

⚠️ Concerns

  • Senior-note debt is 16.01% of assets and remains a conventional financing consideration
  • Disclosed interest income is 0.66% of revenue; ZakatInvest does not prescribe a fixed purification percentage
  • Fragrance ingredients, licensing and product-specific activity require qualitative review
  • Consumer discretionary demand and global retail channels are business and concentration considerations

Current quantitative Sharia screen

Based on 10-K figures for the period ended 2026-03-28; calculated 2026-07-15.

USD · millions
Interest-bearing debt / assets
16.01%Within limit
Below 33.333% under FTSE Yasaar

1,238.9 / 7,739.5

Cash + interest-bearing securities / assets
26.68%Within limit
Below 33.333% under FTSE Yasaar

2,065 / 7,739.5

Receivables + cash / assets
32.04%Within limit
Below 50% under FTSE Yasaar

2,479.7 / 7,739.5

Non-compliant income / revenue
0.66%Within limit
No more than 5% under FTSE Yasaar

53.7 / 8,114.5

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

Debt/assets is 16.01%, liquidity/assets is 26.68%, receivables-plus-cash/assets is 32.04% and disclosed interest income is 0.66%; known ratios pass while activity remains incomplete.

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; activity remains qualitative and this is not an index-membership claim.

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

Debt/assets is 16.01% and identifiable liquidity/assets is 26.68%, 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

Ralph Lauren designs, markets and distributes apparel, footwear, accessories, home products and fragrances through wholesale, retail and digital channels. Consumer products and clothing are generally permissible, but product-specific ingredients, licensing and end-use questions are not reduced to a universal prohibited-revenue numerator.

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

Purification

Ralph Lauren discloses $53.7 million of interest income for fiscal 2026, but ZakatInvest does not prescribe a scholar-approved purification percentage.

Inputs, assumptions and primary sources
  • Amounts are USD millions from Ralph Lauren's March 28, 2026 Form 10-K.
  • Interest-bearing debt is $1,238.9 million of senior notes; operating and finance lease liabilities are excluded from the debt input.
  • Cash and cash equivalents are $1,988.0 million and short-term investments are $77.0 million.
  • Net accounts receivable is $491.7 million and fiscal-year net revenue is $8,114.5 million.
  • The filing reports $53.7 million of interest income for fiscal 2026; no fixed purification percentage is prescribed.
  • Apparel, accessories, home products and fragrances are generally permissible, while licensing, product-specific ingredients and brand 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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