WMT — Walmart Inc.

Core business is permissible, but alcohol sales are a minor part of revenue.

Why?

Walmart's core retail business is permissible, but many of its stores sell alcoholic beverages as part of a broad merchandise mix. Screening providers differ on how to treat retailers with a small, non-primary revenue stream from impermissible products.

How this was screened

Primary basis: Financial-ratio screen.

References

• Screened against commonly applied Islamic finance criteria (business-activity exclusions plus AAOIFI-influenced financial ratio thresholds); exact methodology varies by provider (e.g. AAOIFI, S&P/Dow Jones Islamic Market, MSCI Islamic).

As of: 2026-09-06

This is informational guidance only, not investment advice or a certified Sharia determination. Financial ratios shift every quarter — always verify current figures with a dedicated Islamic screening service or qualified financial and religious advisor before making investment decisions.