Is ACVA halal?
ACV Auctions Inc.
Doubtful
No clear verdict is possible for ACV Auctions Inc. — data is insufficient or the case is contested in fiqh. As a precaution it is NOT included in the halal list.
Checked: 14 October 2026
Exchange
NYSE
Price
10.5
Day
+0.00%
Market cap
$1.83B
Industry
Auto & Truck Dealerships
Sector
Consumer Cyclical
Manually identified reason
Automatic screening reads the industry label, not what's inside. This company's filings were checked by hand and a hidden prohibited activity was found:
Doubtful: dealer floorplan lending exists ($180.5M receivables), but the interest-income share is undisclosed + 10.7% guarantee revenue
What the company does
ACV Auctions runs online wholesale used-car auctions for dealers (with its own inspectors), transportation and ACV Capital (short-term dealer loans). Its money comes from auction fees, transport and loan interest.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
Doubtful: dealer floorplan lending exists ($180.5M receivables), but the interest-income share is undisclosed + 10.7% guarantee revenue
Interest-bearing debt / market cap
limit 30%
11.2%
Pass
Cash & investments / market cap
limit 30%
13.2%
Pass
Non-compliant income / total revenue
limit 5%
1.1%
Pass
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.