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Shariah compliance overview

Not Halal

Macy's, Inc. (M) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Macy's, Inc.

Macy's, Inc. is a prominent retail enterprise that employs an omnichannel strategy, serving customers through its extensive network of physical department stores, dedicated e-commerce websites, and convenient mobile applications.

Macy's, Inc. (M) operates in the Consumer Cyclical sector, in the Department Stores industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
4.62%Limit 5%Pass
Interest-bearing debt
52.36%Limit 30%Fail
Interest-bearing securities and assets
26.83%Limit 30%Pass
Dividend purification
2.31%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Macy's, Inc. (M). Current Akinda screening label: Not Halal.