Back to home
WYNN logo

Is WYNN (Wynn Resorts, Limited) Halal or Haram?

NASDAQ Global SelectConsumer CyclicalGambling, Resorts & Casinos$10.99B2026-04-29
WYNN is Haram (Not Halal)2/4 screens passed

Wynn Resorts is fundamentally non-compliant for Muslim investors due to its direct involvement in the gambling industry, failing the core business activity screen. Furthermore, the company's financial structure violates AAOIFI standards, carrying a severely inflated debt-to-market cap ratio of 111.9%, well above the 33% threshold. Although its interest income and cash reserves are within permissible limits, the core operations and excessive leverage make it entirely haram.

Price Chart (5D)

$107.47+2.90 (+2.77%)
2026-06-092026-06-02

WYNN — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-06-09105.41110.14105.01107.442.2M+1.93%
2026-06-08103.67105.93103.29104.831.0M+1.12%
2026-06-05103.74106.26103.13104.481.4M+0.71%
2026-06-04105.16105.90103.25103.601.1M-1.48%
2026-06-03104.44106.32102.47104.951.4M+0.49%
2026-06-02106.00106.19104.17104.62997K-1.30%
2026-06-01103.33107.77102.13106.532.1M+3.10%

Discussion

Sign in to join the discussion

Loading comments...

Shariah Screening Details for WYNN

Business Activity

Non-Compliant

Wynn Resorts fails the business activity screen because its core revenue is derived from operating casinos and gambling facilities, which are strictly prohibited (haram) in Islamic finance.

Debt / Market Cap

111.86%

Debt: $12.29BThreshold: ≤33%

Interest Income

0.93%

Interest: $66.5MThreshold: ≤5%

Cash & Securities

18.79%

Cash: $2.07BThreshold: ≤33%

About Wynn Resorts, Limited (WYNN)

Wynn Resorts, Limited designs and operates luxury integrated resorts and casinos across global markets like Macau and Las Vegas. The company's massive properties, such as Wynn Palace, feature hundreds of thousands of square feet dedicated to table games, slot machines, and private gaming salons alongside luxury hotels and retail spaces.

For Muslim investors, WYNN stock is classified as Not Halal (Haram) and must be avoided. The company fails the primary business activity screen due to its core focus on gambling and casino operations, which are strictly forbidden under Islamic law.

From a financial perspective, Wynn Resorts also fails the AAOIFI debt screening by a significant margin. The company holds a massive debt-to-market capitalization ratio of 111.9%, far exceeding the 33% maximum limit, indicating heavy reliance on interest-bearing debt to fund its expansive resort developments.

There is no scholarly debate regarding companies whose primary business is gambling; they are universally considered impermissible. Islamic investors should completely exclude Wynn Resorts from their portfolios and look toward shariah-compliant alternatives within the broader hospitality or real estate sectors.

CEO

Craig Scott Billings

Employees

28,000

IPO Date

2002-10-25

Headquarters

Las Vegas, NV, US

WYNN Key Financial Statistics

Revenue

$7.14B

Net Income

$327.3M

EPS (Diluted)

$3.14

Stock Price

105.37

Beta

1.03

52-Week Range

78.78-134.72

Total Debt

$12.29B

Total Equity

$-275.5M

Current Ratio

1.63

WYNN Financial Health & Profitability

Profit Margins

Gross Margin32.7%
Operating Margin16.2%
Net Margin4.6%

Revenue Growth (YoY)

+0.1%

Prior year: $7.13B

Net Debt

$10.83B

Cash: $1.46B — Debt: $12.29B

Frequently Asked Questions About WYNN

Is WYNN (Wynn Resorts, Limited) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, WYNN is Not Halal (Haram) and is not considered permissible for Muslim investors. It failed 2 of 4 compliance screens. Wynn Resorts, Limited's core business activity was found to be non-compliant. Its debt-to-market-cap ratio of 111.86% exceeds the ≤33% threshold.
What does Wynn Resorts, Limited do?
Wynn Resorts, Limited designs and operates luxury integrated resorts and casinos across global markets like Macau and Las Vegas. The company's massive properties, such as Wynn Palace, feature hundreds of thousands of square feet dedicated to table games, slot machines, and private gaming salons alongside luxury hotels and retail spaces. For Muslim investors, WYNN stock is classified as Not Halal (Haram) and must be avoided. The company fails the primary business activity screen due to its core focus on gambling and casino operations, which are strictly forbidden under Islamic law. From a financial perspective, Wynn Resorts also fails the AAOIFI debt screening by a significant margin. The company holds a massive debt-to-market capitalization ratio of 111.9%, far exceeding the 33% maximum limit, indicating heavy reliance on interest-bearing debt to fund its expansive resort developments. There is no scholarly debate regarding companies whose primary business is gambling; they are universally considered impermissible. Islamic investors should completely exclude Wynn Resorts from their portfolios and look toward shariah-compliant alternatives within the broader hospitality or real estate sectors. Wynn Resorts, Limited operates in the Consumer Cyclical sector under the Gambling, Resorts & Casinos industry and is headquartered in Las Vegas, NV, US. The company is led by CEO Craig Scott Billings and employs approximately 28,000 people.
What screening criteria were used for WYNN?
WYNN 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. WYNN passed 2 of these 4 screens.
When was WYNN last screened?
WYNN was last screened on 2026-04-29. 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.

Disclaimer

This shariah compliance assessment for WYNN (Wynn Resorts, Limited) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

Other Screened Stocks in Consumer Cyclical