Canadian Halal Investor.

NYSE Shariah screener · October 2026

Is Ralph Lauren Corporation (RL) Halal?

PASS

Ralph Lauren Corporation · NYSE: RL · Consumer Discretionary

The short answer

Yes — Ralph Lauren Corporation (RL) passes this Shariah stock screen on all three gates. The New York lifestyle brand (apparel, accessories, home goods and fragrances, founded 1967) has no material alcohol, pork, tobacco, gambling, conventional finance or defense revenue — its few restaurants and cafes are immaterial brand experiences, not a reportable segment. The ratios pass with wide margin: total debt of about $1.26B (reflecting the June 2025 $500M notes offering) is about 6.0% of its ~$20.88B market cap ($362.66, October 1, 2026), below the ~33% ceiling; and interest income of $53.7M is 0.66% of FY2026 net revenues ($8,114.5M), below the 5% ceiling. Zoya rates RL Shariah-compliant and Musaffa classifies it as halal (October 2026), both under AAOIFI methodology — no disagreement. This is a factual screen, not a religious ruling — consult a qualified scholar for personal rulings.

Gate 1 — Business activity: PASS

Ralph Lauren Corporation (NYSE: RL), headquartered in New York and founded in 1967, is a global lifestyle brand that designs, markets and distributes apparel, accessories, home goods and fragrances. It sells through department stores, specialty stores, its own retail locations and e-commerce across North America, Europe and Asia, and operates a small number of restaurants and cafes (e.g., The Polo Bar, Ralph's Coffee) as brand experiences. Club Monaco was sold off in 2021 and is no longer part of the company. Business-screen implication (factual): no material revenue from alcohol, pork, tobacco, gambling, conventional interest-based finance or lending, or weapons/defense. The hospitality footprint is immaterial and not a reportable segment, with no alcohol revenue line in the 10-K; fragrances are not a Shariah concern. Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

For Ralph Lauren's FY2026 (year ended March 28, 2026), long-term debt was about $1,237.7M with current portion of about $20.7M, for total debt of about $1.26B (the increase over FY2025's verified $1,142.6M reflects the June 2025 $500M 5.000% Senior Notes due 2032 offering). Against a market cap of about $20.88B ($362.66, October 1, 2026), debt ÷ market cap is about 6.0% — below the ~33% ceiling. The debt gate passes with wide margin. Facts only.

Gate 3 — Non-compliant income: PASS

Ralph Lauren's FY2026 interest income was $53.7M (sourced from the FY2026 annual report, via Zoya) on net revenues of $8,114.5M. $53.7M ÷ $8,114.5M = 0.66% — below the 5% non-compliant income ceiling with wide margin. (FY2025: $74.0M on $7,079.0M = 1.05%, also passing — the ratio improved in FY2026.) The income gate passes. Facts only.

Key figures used

Frequently asked questions

What does Ralph Lauren do?

Ralph Lauren Corporation (NYSE: RL), headquartered in New York and founded in 1967, is a global lifestyle brand that designs, markets and distributes apparel, accessories, home goods and fragrances. It sells through department stores, specialty stores, its own retail locations and e-commerce across North America, Europe and Asia. It also operates a small number of restaurants and cafes (e.g., The Polo Bar, Ralph's Coffee) as brand experiences. Club Monaco was sold off in 2021 and is no longer part of the company.

Does Ralph Lauren pass the business-activity gate?

Ralph Lauren passes the business-activity gate. It is an apparel and lifestyle company — no material revenue from alcohol, pork, tobacco, gambling, conventional interest-based finance or lending, or weapons/defense. The hospitality footprint (a few Polo Bar / Ralph's Coffee locations) is immaterial and not a reportable segment, with no alcohol revenue line in the 10-K. Fragrances are not a Shariah concern. This is a clean pass, not borderline.

What is Ralph Lauren's interest-bearing debt ratio?

For Ralph Lauren's FY2026 (year ended March 28, 2026), long-term debt was about $1,237.7M with current portion of about $20.7M, for total debt of about $1.26B (the increase over FY2025's $1,142.6M reflects the June 2025 $500M 5.000% Senior Notes due 2032 offering). Against a market cap of about $20.88B ($362.66, October 1, 2026), debt ÷ market cap is about 6.0% — below the ~33% ceiling. The debt gate passes with wide margin.

What is Ralph Lauren's non-compliant income ratio?

Ralph Lauren's FY2026 interest income was $53.7M (sourced from the FY2026 annual report, via Zoya) on net revenues of $8,114.5M. $53.7M ÷ $8,114.5M = 0.66% — below the 5% non-compliant income ceiling with wide margin. (FY2025: $74.0M on $7,079.0M = 1.05%, also passing — the ratio improved in FY2026.) The income gate passes.

Do Zoya and Musaffa cover Ralph Lauren?

Zoya covers RL (zoya.finance/stocks/rl): Ralph Lauren is Shariah-compliant 'based on the data available in Ralph Lauren's most recent financial reports,' under AAOIFI guidelines. Musaffa covers RL (musaffa.com/stock/RL/): as of October 2026, Ralph Lauren Corp is classified as halal, also under AAOIFI methodology. Both third parties agree — no fail-closed trigger.

Sources

Screened 2026-10-01 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).