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AAOIFI No. 21 screening

Is CVV halal?

CVD Equipment Corporation

Not halal

CVD Equipment Corporation did not pass AAOIFI screening. The failed check is shown below.

Checked: 16 October 2026

Exchange

NASDAQ

Price

3.87

Day

-3.49%

Market cap

$26.4M

Industry

Specialty Industrial Machinery

Sector

Industrials

What the company does

CVD Equipment (New York) makes chemical-vapor-deposition furnaces and reactors for semiconductor, aerospace and materials-research customers, plus gas-delivery systems. Revenue is equipment sales.

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

    No prohibited activity

  • Interest-bearing debt / market cap

    limit 30%

    Interest-bearing debt $181K ÷ 36-month average market cap $28.06M = 0.6%

    0.6%

    Pass

  • Cash & investments / market cap

    limit 30%

    Cash + interest-bearing securities $23.48M ÷ 36-month average market cap $28.06M = 83.7%

    83.7%

    Fail

  • Non-compliant income / total revenue

    limit 5%

    Interest income $341K ÷ annual revenue $25.79M (2025) = 1.3%

    1.3%

    Pass

Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $26.44M.

For information (AAOIFI 3/1 note): cash + receivables are 69.2% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.

In the lists

In the S&P 500
Not in the S&P 500

Halal stocks in the same industry

The largest halal stocks in Specialty Industrial Machinery — for comparison.

Related articles

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.

Earnings historyCVV's next report date, EPS estimate vs actual for recent quarters and the post-earnings price move.View earnings →