Halima Aden is featured in its annual swimsuit issue in the swimwear which covers the entire body except the face, hands and feet.
"Young girls who wear a hijab should have women they look up to in any and every industry," she told the BBC.
There has been mixed reaction to the news.
One Twitter user commented: "If you're going to wear the hijab and cover your skin - whether you think our religion calls for it or you want modesty - it is completely counter-intuitive to strike a sexy pose in a magazine known for objectifying women."
Another comment read: "I would get it if it were for a swimsuit catalogue for women to buy. But for a magazine specially made for men. It beats the whole purpose of the hijab."
On Instagram the cover generated more positive comments: "Amazed every year by the inclusivity efforts of the issue. This year is a new level."
