Is CARVANA CO. (CVNA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.9% / 30% | 4.0% / 30% | 0.4% / 30% | 11.15% / 5% | ✗ NOT HALAL |
| DJIM | 7.9% / 33% | 4.0% / 33% | 0.4% / 33% | 11.15% / 5% | ✗ NOT HALAL |
| MSCI | 41.8% / 33% | 21.3% / 33% | 1.9% / 33% | 11.15% / 5% | ✗ NOT HALAL |
| S&P | 7.9% / 33% | 4.0% / 33% | 0.4% / 33% | 11.15% / 5% | ✗ NOT HALAL |
| FTSE | 41.8% / 33% | 21.3% / 33% | 1.9% / 50% | 11.15% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 20.6% | |
| Operating Margin | 7.6% | |
| Net Margin | 6.9% | |
| Return on Equity (ROE) | 67.9% | |
| Return on Assets (ROA) | 10.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.0B |
| Free Cash Flow | $889M |
| Total Debt | $5.5B |
| Debt-to-Equity | 133.1 |
| Current Ratio | 4.3 |
| Total Assets | $13.2B |
Price & Trading
| Last Close | $301.37 |
| 50-Day MA | $360.15 |
| 200-Day MA | $363.97 |
| Avg Volume | 3.8M |
| Beta | 3.7 |
|
52-Week Range
$148.25
| |
About CARVANA CO. (CVNA)
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It provides vehicle acquisition, inspection and reconditioning, online search and shopping experience, financing, complementary products, logistics network and distinctive fulfillment experience, and post-sale customer support services. The company also operates auction sites. Carvana Co. was founded in 2012 and is based in Tempe, Arizona.
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Frequently Asked Questions
Is CARVANA CO. (CVNA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), CARVANA CO. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is CARVANA CO.'s debt ratio?
CARVANA CO.'s debt ratio is 7.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 41.8%.
What are CARVANA CO.'s key financial metrics?
CARVANA CO. has a market capitalization of $66.6B, trailing P/E ratio of 35.7, and revenue of $20.3B. The company maintains a gross margin of 20.6% and a net margin of 6.9%. Return on equity stands at 67.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.