Is FIGS, Inc. (FIGS) halal? Halal. Based on AAOIFI screening, FIGS, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 76/100 (Grade: B+).

FIGS, Inc.

FIGS: Is FIGS, Inc. Halal?

Halal

FIGS, Inc.

NYSEConsumer CyclicalUS

$11.96

+6.03%

Purify ~1.8% of income

About FIGS, Inc.

FIGS, Inc. functions as a direct-to-consumer enterprise specializing in healthcare apparel and lifestyle merchandise across the United States. The company innovates and distributes a comprehensive selection of medical uniforms, complemented by a diverse array of non-scrub items. These offerings span functional pieces like lab coats, under-scrubs, compression socks, footwear, and masks, extending to activewear, loungewear, and outerwear such as performance leggings, sports bras, various tops (including super-soft pima cotton options), vests, and jackets. Customers can access and purchase FIGS' products directly through its integrated digital platform, which encompasses both its official website and mobile application. Founded in 2013, FIGS, Inc. is headquartered in Santa Monica, California.

Sector: Consumer Cyclical 路 Industry: Apparel - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
B+

Good

Good compliance with minor concerns

76Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap3.0% / 30.0%

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

  3. Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 14, 2026Fiscal: Q1 2026Source: FMP

Purify Your FIGS Dividends

1.8% non-compliant income

FIGS has 1.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.0B

Price

$11.96

Sector

Consumer Cyclical

Industry

Apparel - Manufacturers

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Frequently Asked Questions

Is FIGS, Inc. (FIGS) halal to invest in?
Based on AAOIFI Standard 21 screening, FIGS, Inc. (FIGS) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did FIGS, Inc. get a B+ compliance rating?
FIGS, Inc. (FIGS) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.0% (limit 30%); interest-bearing deposits of 15.1% (limit 30%); prohibited income of 1.75% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change FIGS, Inc.'s Shariah verdict?
FIGS, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is FIGS, Inc. re-screened for Shariah compliance?
FIGS, Inc. (FIGS) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 14, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.