Chipotle Mexican Grill Inc

CMG

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Consumer Cyclicals
United States of America
Large cap

Chipotle Mexican Grill Inc is not Shariah Compliant because of its involvement in Non-Halal Food and related activities.

-

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Large cap
BUY
$65.58
$46.12
$73.00
36
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
13.07%
17.18%
13.56%
1.48
1.52
-7.41%

Shariah Compliance

Debt
Non-Compliant Assets
2.23%
Impure Income

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
Impure Income

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
Impure Income

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
Cash
8.13%
Cash & AR
9.7%
Impure Income

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
Cash
8.13%
Cash & AR
9.7%
Impure Income

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Chipotle Mexican Grill, Inc. is a restaurant company. The Company, through its subsidiaries, owns and operates Chipotle Mexican Grill restaurants, which feature a relevant menu of burritos, burrito bowls (a burrito without the tortilla), quesadillas, tacos, and salads. The Company operates over 3,700 restaurants in the United States, Canada, the United Kingdom, France, Germany, Kuwait, and the United Arab Emirates. It has made digital ordering convenient with enhancements to the Chipotle app and Website, such as customization, contactless delivery, and group ordering. Its application also includes order readiness messaging, wrong location detection and reminders to scan for points. The Company’s subsidiaries include Chipotle Mexican Grill Canada Corp., Chipotle Mexican Grill France SAS, Chipotle Mexican Grill of Berwyn Heights, LLC, Chipotle Mexican Grill Germany GMBH, and Chipotle Mexican Grill U.S. Finance Co., LLC, among others.

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