NYSE Shariah screener · October 2026

Is Deckers Outdoor Corporation (DECK) Halal?

PASS

Deckers Outdoor Corporation · NYSE: DECK · Consumer Discretionary

The short answer

Deckers Outdoor passes all three Shariah gates: it designs and sells footwear and apparel (no interest-based business), carries no interest-bearing debt (0.0% of its ~$10.59 billion market cap), and interest income of about 1.16% of revenue is under the 5% ceiling.

Gate 1 — Business activity: PASS

Gate 1 — business activity: PASS. Deckers Outdoor Corporation, per its FY2026 Form 10-K (fiscal year ended March 31, 2026), is a global footwear, apparel, and accessories business built around the HOKA, UGG, and Teva brands. It sells through wholesale partners and a growing direct-to-consumer channel, including 54 country-specific e-commerce sites and 203 company-owned retail stores, and relies on independent manufacturers primarily in Vietnam and Indonesia.

It is not an interest-based lender and is not involved in tobacco, gambling, pork, or conventional banking or insurance. The business passes gate 1.

Gate 2 — Debt and cash: PASS

Gate 2 — interest-bearing debt: PASS (0.0%, ceiling 33%). Per Deckers Outdoor's FY2026 Form 10-K, total debt was zero at March 31, 2026 (MarketBeat: total debt $0.00 at the end of 2026; StockTitan's filing summary: the company ended the year with $1.91 billion in cash, no debt).

$0 of interest-bearing debt against a market capitalization of about $10.59 billion (Finnhub, October 2, 2026; NYSE: DECK) is 0.0%, far under the 33% ceiling. Cash and cash equivalents of $1.91 billion at March 31, 2026 represent about 18.0% of market cap.

Gate 3 — Non-compliant income: PASS

Gate 3 — non-compliant income: PASS (1.16%, ceiling 5%). Deckers Outdoor's FY2026 Form 10-K separately discloses interest income on its Consolidated Statements of Comprehensive Income: $63,613 thousand of interest income against net sales of $5,472,296 thousand is about 1.16% — under the 5% ceiling (fiscal 2025: $68,389 thousand; fiscal 2024: $52,208 thousand; interest expense was only $2,530 thousand).

The most recent annual figure (1.16%) is used for this gate.

Key figures used

Business: global footwear, apparel, and accessories built around HOKA, UGG, and Teva brands; wholesale plus direct-to-consumer (54 country-specific e-commerce sites, 203 company-owned retail stores); HQ Goleta, California; independent manufacturers primarily in Vietnam and Indonesia; FY2026 net sales $5,472,296 thousand (+9.8% YoY)
Haram assessment: consumer footwear/apparel brands, not an interest-based lender; no tobacco/gambling/pork/banking/insurance
Debt: $0 total debt at March 31, 2026 (FY2026 10-K; MarketBeat $0.00; StockTitan filing summary: $1.91B cash, no debt) = 0.0% of ~$10.59B market cap (Finnhub, Oct 2, 2026) — far under the 33% ceiling
Cash: $1.91B cash & equivalents at March 31, 2026 (~18.0% of market cap); $1.60B at June 30, 2026 (Q1 FY2027 10-Q)
Interest income: $63,613K in FY2026 vs $5,472,296K net sales = 1.16% — under the 5% ceiling (FY2025: $68,389K; FY2024: $52,208K; interest expense only $2,530K)
Market data: NYSE-listed (DECK); still listed on NYSE (confirmed October 2, 2026; Finnhub XNYS live quote, no delisting)
Third-party: no verifiable Zoya, Musaffa, or ShariaPortfolio rating page found from public sources

Frequently asked questions

What does Deckers Outdoor do?

Deckers Outdoor Corporation (NYSE: DECK) is a US footwear and apparel company headquartered in Goleta, California. Per its FY2026 Form 10-K (fiscal year ended March 31, 2026), its business is built around the HOKA, UGG, and Teva brands; it sells through wholesale partners and a direct-to-consumer channel including 54 country-specific e-commerce sites and 203 company-owned retail stores. Its products are made by independent manufacturers primarily in Vietnam and Indonesia. FY2026 net sales were $5,472,296 thousand, up 9.8% year over year.

Is Deckers Outdoor's business Shariah compliant?

Deckers Outdoor designs, markets, and sells footwear, apparel, and accessories - consumer brands, not financial services. It is not an interest-based lender and is not involved in tobacco, gambling, pork, or conventional banking or insurance. Assessed on the filed numbers, the business passes this screener's first gate.

How much interest-bearing debt does Deckers Outdoor have?

Deckers Outdoor carries no interest-bearing debt. Its FY2026 Form 10-K reports total debt of zero at March 31, 2026 (MarketBeat: total debt $0.00 at end of 2026; StockTitan's filing summary: the company ended the year with $1.91 billion in cash, no debt). $0 against a market capitalization of about $10.59 billion (Finnhub, October 2, 2026) is 0.0% - far under the 33% ceiling. Cash and cash equivalents were $1.91 billion at March 31, 2026, about 18.0% of market cap.

How much interest income does Deckers Outdoor earn?

Deckers Outdoor's FY2026 Form 10-K separately discloses interest income on its Consolidated Statements of Comprehensive Income: interest income of $63,613 thousand against net sales of $5,472,296 thousand is about 1.16% - under the 5% non-compliant income ceiling (fiscal 2025: $68,389 thousand; fiscal 2024: $52,208 thousand). Interest expense was only $2,530 thousand. The most recent annual figure (1.16%) is used for this gate.

What do third-party Shariah screeners say about Deckers Outdoor?

I could not verify a Zoya, Musaffa, or ShariaPortfolio rating page for Deckers Outdoor from public sources. Third-party screeners apply different assumptions and update on different schedules, and their results can change when new financial statements are published - always check the latest screening before investing.

Sources

Screened 2026-10-02 from published company figures and market data. Figures change; this page is educational, not financial advice and not a religious ruling.

Screened with our two-gate Shariah screening methodology (business-activity gate, then AAOIFI-style financial ratios).