Canadian Halal Investor.

NASDAQ Shariah screener · October 2026

Is Ross Stores, Inc. (ROST) Halal?

PASS

Ross Stores, Inc. · NASDAQ: ROST · Consumer Discretionary

The short answer

Yes — Ross Stores (ROST) passes this Shariah stock screen. Its off-price apparel and home retail business (Ross Dress for Less, 1,904 stores, and dd's DISCOUNTS, 363 stores) has no prohibited lines, and its finances are clean for the screen: $1.518B of Senior Notes is about 2.03% of its ~$74.86B market cap (Oct 2, 2026, per Finnhub), and fiscal 2025 net interest income of $134.8M is about 0.59% of $22.75B in sales — both far under the ~33% and 5% ceilings. Both Zoya (compliant, Oct 2026) and Musaffa (halal, Oct 2026) also cover the ticker. This is a factual screen, not a religious ruling — consult a qualified scholar for personal guidance.

Gate 1 — Business activity: PASS

Ross Stores, Inc. (NASDAQ: ROST) operates two off-price retail apparel and home fashion brands: Ross Dress for Less, the largest off-price apparel and home fashion chain in the United States (1,904 locations in 44 states, the District of Columbia, Guam, and Puerto Rico), and dd's DISCOUNTS (363 stores in 22 states), per the fiscal 2025 10-K. Stores sell first-quality, in-season brand name and designer apparel, accessories, footwear, and home fashions at 20% to 70% off department and specialty store regular prices. Disclosed merchandise categories include apparel, footwear, home accents and furniture, beauty, bed and bath, accessories, gourmet food, toys, luggage, pet accessories, electronics, jewelry and watches, and cookware. None of the disclosed lines are prohibited lines (no alcohol, gambling, pork, conventional banking/insurance, tobacco, cannabis, or adult entertainment). Gate 1 passes. Facts only.

Gate 2 — Debt and cash: PASS

At January 31, 2026, Ross Stores' interest-bearing debt was $1.518B of unsecured Senior Notes (five series: 0.875% due 2026, 4.700% due 2027, 4.800% due 2030, 1.875% due 2031, 5.450% due 2050), net of discounts and issuance costs; the $700M 4.600% notes were repaid at maturity in April 2025, and the $1.3B revolving credit facility had no borrowings outstanding. Against a market cap of about $74.86B (ROST at $234.10, Oct 2, 2026, per Finnhub), debt ÷ market cap is about 2.03%, far below the ~33% ceiling. Cash and cash equivalents of $4.594B are about 6.14% of market cap, within the ~33% guideline. Gate 2 passes. Facts only.

Gate 3 — Non-compliant income: PASS

Fiscal 2025 (year ended January 31, 2026) interest income, net was $134.8M — the 10-K Note A breakdown shows gross interest income of $172.7M, capitalized interest of $12.7M, and interest expense on long-term debt of $49.1M — against sales of $22.75B, about 0.59% of revenue, well below the 5% non-compliant income ceiling. Even gross interest income ($172.7M) is about 0.76% of revenue. The interest is earned on cash balances and capitalized interest, not from lending activity. Gate 3 passes. Facts only.

Key figures used

Frequently asked questions

What does Ross Stores do?

Ross Stores, Inc. (NASDAQ: ROST) is the largest off-price apparel and home fashion retailer in the United States, per its fiscal 2025 10-K. It operates two brands: Ross Dress for Less (1,904 locations in 44 states, the District of Columbia, Guam, and Puerto Rico) and dd's DISCOUNTS (363 stores in 22 states). Stores sell first-quality, in-season brand name and designer apparel, accessories, footwear, and home fashions at 20% to 70% off department and specialty store regular prices. Disclosed merchandise categories include apparel, footwear, home accents and furniture, beauty, bed and bath, accessories, gourmet food, toys, luggage, pet accessories, electronics, jewelry and watches, and cookware. None of the disclosed lines are prohibited lines under Shariah screening.

Why does Ross Stores pass this Shariah stock screen?

Ross Stores passes all three gates of this screen. Its off-price apparel and home retail business has no prohibited lines (no alcohol, gambling, pork, conventional banking or insurance, tobacco, cannabis, or adult entertainment). Financially, its $1.518B of unsecured Senior Notes is about 2.03% of its ~$74.86B market cap (Oct 2, 2026, per Finnhub), well under the ~33% debt ceiling. And its fiscal 2025 net interest income of $134.8M is about 0.59% of $22.75B in sales, well under the 5% non-compliant income ceiling. Both Zoya and Musaffa also rate ROST as Shariah-compliant as of October 2026. This is a factual screen, not a religious ruling — consult a qualified scholar for personal guidance.

What is Ross Stores' interest-bearing debt ratio?

At January 31, 2026, Ross Stores carried $1.518B of interest-bearing debt: unsecured Senior Notes in five series (0.875% due 2026, 4.700% due 2027, 4.800% due 2030, 1.875% due 2031, 5.450% due 2050), net of discounts and issuance costs, per the fiscal 2025 10-K Note D. The $700M 4.600% notes were repaid at maturity in April 2025, and the $1.3B revolving credit facility had no borrowings outstanding. Against a market cap of about $74.86B (ROST at $234.10, October 2, 2026, per Finnhub), debt ÷ market cap is about 2.03%, far below the ~33% ceiling. Cash and cash equivalents of $4.594B are about 6.14% of market cap.

What is Ross Stores' non-compliant income ratio?

For fiscal 2025 (year ended January 31, 2026), Ross Stores reported interest income, net of $134.8M on the income statement, per the 10-K. Note A breaks it down as gross interest income of $172.7M, capitalized interest of $12.7M, and interest expense on long-term debt of $49.1M. Against sales of $22.75B, net interest income is about 0.59% of revenue — and even gross interest income ($172.7M) would be only about 0.76% — well below the 5% non-compliant income ceiling. The interest is earned on cash balances and capitalized interest, not from lending activity.

Do Zoya, Musaffa, or ShariaPortfolio cover Ross Stores?

Yes for two of the three. Zoya covers ROST and rates it Shariah-compliant as of October 2026 (zoya.finance/stocks/rost). Musaffa covers ROST and classifies it as halal under its AAOIFI screening methodology, also as of October 2026 (musaffa.com/stock/ROST/). No ShariaPortfolio page for ROST was found — honestly reported as absent, not invented. This page applies the screen directly from the company's own filings: the FY2025 10-K (fiscal year ended January 31, 2026, filed March 31, 2026).

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).