Is Wynn Resorts Stock Halal?
Wynn Resorts, Limited · WYNN · NASDAQ
Wynn Resorts, Limited (WYNN) does not pass Shariah screening: its core business fails the activity screen (Wynn Resorts (WYNN) — casino and gaming operator), and interest-bearing debt / market cap is 94.5% against the < 30% limit (data as of 2026-03-31). Screened alternatives exist in the same sector — see the halal stock screeners and ETF guides below.
Financial data as of 2026-03-31 · Screening basis: AAOIFI · Last reviewed 2026-06-15
Our Analysis
Wynn Resorts (WYNN) — casino and gaming operator; fails the business-activity screen (gambling).
Our verdict rests primarily on the business-activity screen: Wynn Resorts (WYNN) — casino and gaming operator; fails the business-activity screen (gambling).. Financial ratios alone cannot cure a failed activity screen.
Zoya's public page did not return a clear status when we checked (checked 2026-06-15). Musaffa lists it NOT HALAL. U.S. Shariah ETFs SPUS and HLAL publish holdings on their own schedules — absence from a top-holdings list is not the same as a failed screen; verify current ETF holdings if index validation matters to you.
Practical takeaway: do not treat this as a borderline hold — the fail is structural on our methodology. Use Shariah-screened ETFs (SPUS, HLAL) or individually screened peers in the same sector instead.
Business Activity Screen
Wynn Resorts, Limited excels in the conceptualization, development, and operation of upscale integrated resort properties. The Wynn Palace, situated in Cotai, boasts a gaming floor spanning 424,000 square feet, which includes 323 table games, 1,035 slot machines, exclusive private gaming salons, and sky casinos. Accommodations are offered in a luxurious hotel tower featuring 1,706 guest rooms, suites, and villas, complemented by a health club, spa, salon, and swimming pool. This location further
Wynn Resorts (WYNN) — casino and gaming operator; fails the business-activity screen (gambling).
Financial Ratio Screen
| Screen | Value | AAOIFI limit | Result |
|---|---|---|---|
| Interest-bearing debt / market cap | 94.5% | < 30% | Fail |
| Cash + interest-bearing securities / market cap | 10.7% | < 30% | Pass |
| Impermissible income / total revenueInterest income $66.5M on $7.14B total revenue (Wynn Resorts, Limited FY2025 (fiscal year ended 2025-12-31, Form 10-K)) = 0.9% — under AAOIFI's 5% limit. | 0.9% | < 5% | Pass |
Spot market cap at research date (consider trailing average for borderline names). Data as of 2026-03-31 · thresholds per AAOIFI Shariah standards.
This verdict uses the AAOIFI standard — the most widely used and, at a 30% debt limit, the most conservative mainstream Shariah standard. Interest-bearing debt and interest-bearing securities each stay under 30% of market cap, and impermissible income under 5% of revenue. Other standards (Dow Jones Islamic, S&P Shariah, MSCI Islamic, FTSE Yasaar) use ~33% limits or screen against total assets, so a borderline company can be rated differently by each. How we screen & why screeners disagree →
Scholars' & Screeners' Positions
Published positions, cited as stated. Screeners can reach different conclusions on the same company because of ratio timing and methodology differences — we report the disagreement rather than flatten it.
Musaffa
Public page classifies the stock NOT HALAL (checked 2026-06-15).
Source →SP Funds S&P 500 Sharia ETF (SPUS)
Bulk research pass — verify current SPUS schedule of investments before citing as held or excluded (reference SOI dated 2026-02-28).
Source →Wahed FTSE USA Shariah ETF (HLAL)
Bulk research pass — verify current HLAL holdings before citing as held or excluded (reference list 2026-06-05).
Source →
What to do instead
You don't have to choose between investing and your values — screened alternatives exist for nearly every position.
Related guides
Consider Consulting an Islamic Scholar
Major whether Wynn Resorts, Limited is halal decisions often involve nuances that vary by scholarly opinion and personal circumstance. While HalalWallet provides educational comparisons and tools, we are not scholars or financial advisors. For personal guidance on Shariah compliance, consider speaking with a qualified Islamic scholar, your local imam, or a Shariah-certified financial advisor familiar with your situation.
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Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-06-01
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