Is CarGurus, Inc. (CARG) halal? Halal. Based on AAOIFI screening, CarGurus, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).

CarGurus, Inc.

CARG: Is CarGurus, Inc. Halal?

Halal

CarGurus, Inc.

NASDAQConsumer CyclicalUS

$27.25

-4.85%

Purify ~1.5% of income

About CarGurus, Inc.

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engaged consumers while providing dealers with actionable data-based insights. It also offers Digital Deal which allows shoppers to start purchase from a VDP on eligible listings that provides them with purchase options; Finance in Advance, where eligible consumers can pre-qualify for financing on cars from dealerships that offer financing from partners; Sell My Car 聳 Top Dealer Offers which allows dealers to make tailored trade-in offers; and Sell My Car 聳 Instant Max Cash Offer which allows consumers to sell vehicles to dealers online. In addition, the company provides dealer listings and data insights products; auto manufacturers and others advertiser products, such as brand reinforcement, category sponsorship, automobile segment exclusivity, and consumer segment exposure; Autolist, an online automotive marketplace through mobile applications and a website; and PistonHeads which is an automotive marketplace, auction platform, and editorial site for automotive enthusiasts. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.

Sector: Consumer Cyclical 路 Industry: Auto - Dealerships

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
A

Very Good

Strong compliance across all metrics

86Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.0% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 11, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your CARG Dividends

1.5% non-compliant income

CARG has 1.5% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

2.6B

Price

$27.25

Sector

Consumer Cyclical

Industry

Auto - Dealerships

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Frequently Asked Questions

Is CarGurus, Inc. (CARG) halal to invest in?
Based on AAOIFI Standard 21 screening, CarGurus, Inc. (CARG) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did CarGurus, Inc. get a A compliance rating?
CarGurus, Inc. (CARG) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%); interest-bearing deposits of 7.9% (limit 30%); prohibited income of 1.46% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change CarGurus, Inc.'s Shariah verdict?
CarGurus, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is CarGurus, Inc. re-screened for Shariah compliance?
CarGurus, Inc. (CARG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 11, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.