Is LOW (Lowe's Companies, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, LOW is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (4.87% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (0.92% vs ≤33% threshold).

L owe's Companies, Inc. is a titan in the home improvement sector, operating over 1,700 stores across the United States. The company specializes in retail sales of building materials, home decor, and hardlines, ranging from lumber and rough plumbing to high-end appliances and seasonal outdoor living products. Unlike general retailers, Lowe's focuses heavily on the ' Pro' customer segment—contractors and tradespeople—while simultaneously serving the DIY homeowner market. For Muslim investors, Lowe's is currently classified as Halal, having passed all four critical AAOIFI screening metrics. The company’s core business activity is fully permissible, avoiding the ethical pitfalls of prohibited industries like alcohol, gambling, or conventional banking. This makes it a straightforward inclusion for those building a shariah-compliant portfolio focused on the consumer cyclical sector. Financially, Lowe's demonstrates strong adherence to Islamic finance principles with a debt-to-market cap ratio of only 4.9%, far below the 33% limit. Furthermore, the company reported 0.0 0% interest income relative to revenue, indicating that its earnings are derived almost exclusively from permissible trade rather than impermissible us ury (riba). This low leverage and clean revenue stream are significant positives for conservative investors. Investors should continue to monitor the company's financial health, specifically its cash and securities levels, which currently sit at a very safe 0.9% of market cap. While the current status is compliant, corporate treasury strategies can change, so periodic re -screening is essential to ensure debt levels or interest-bearing cash holdings do not creep up over time. Lowe's Companies, Inc. operates in the Consumer Cyclical sector under the Home Improvement industry and is headquartered in Mooresville, NC, US. The company is led by CEO Marvin R. Ellison and employs approximately 161,000 people.

LOW was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. LOW passed 4 of these 4 screens.

LOW has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.

LOW was last screened on 2026-02-25. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.