Is CVNA halal?
Carvana Co.
Doubtful
No clear verdict is possible for Carvana Co. — 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
58.83
Day
-2.95%
Market cap
$62.94B
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: auto-loan income ~6-7% (riba, close to the 5% limit)
What the company does
Carvana sells used cars online in the US (with its car "vending" towers): buying, reconditioning, selling on its site and delivering. Its money comes from car sales and selling the auto loans it originates (about 6–7% of revenue).
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: auto-loan income ~6-7% (riba, close to the 5% limit)
Interest-bearing debt / market cap
limit 30%
15.6%
Pass
Cash & investments / market cap
limit 30%
9.3%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- 0.07% weight · #253 of 503
- Held by funds
- HLAL 0.12%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 7 superinvestors · Average reported price: $65.82
- Clifford SosinCAS Investment Partners$1.5B78.8%
- Robert VinallRV Capital GmbH$116.1M30.3%
- Henry EllenbogenDurable Capital Partners$442.4M4.3%
- Stephen MandelLone Pine Capital$692.5M4.2%
- Viking Global Investors$811.1M2.3%
- Lee AinslieMaverick Capital$173.7M1.6%
Company story
The Carvana story: from -99% to 130x — how a company on the edge of bankruptcy came back
Read the story
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- Halal investingBlogAAOIFI Shariah Standard No. 21 in plain languageThe most widely used standard for halal stock screening: the two-step test, the three ratios and how it differs from other methods.
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.