Is Calavo Growers, Inc. (CVGW) halal? Halal. Based on AAOIFI screening, Calavo Growers, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 82/100 (Grade: A).

Calavo Growers, Inc.

CVGW: Is Calavo Growers, Inc. Halal?

Halal

Calavo Growers, Inc.

NASDAQConsumer DefensiveUS

$26.09

+0.00%

Purify ~0.5% of income

About Calavo Growers, Inc.

Calavo Growers, Inc. operates as a global marketer and distributor of fresh and prepared avocado products, in addition to a variety of other perishable foods. Its extensive client base spans grocery retailers, foodservice establishments, club stores, major merchandisers, food distributors, and wholesale customers across the world. The company's business is organized into three primary divisions: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh Products segment is responsible for distributing fresh avocados, procured from key growing areas including California, Mexico, Peru, and Colombia, as well as other fresh produce items like tomatoes and papayas. Calavo Foods specializes in acquiring, processing, packaging, and distributing value-added avocado products, notably guacamole and salsa. The RFG division focuses on manufacturing, marketing, and distributing an extensive selection of fresh-cut fruits and vegetables, prepared entr茅e salads, wraps, sandwiches, fresh snacking options, ready-to-heat entrees, diverse hot bar and deli items, and comprehensive meal and salad kits. Calavo Growers markets its offerings under its principal Calavo and RFG brands, complemented by a wide array of trademarks including Avo Fresco, Bueno, Calavo Gold, Calavo Salsa Lisa, Salsa Lisa, Celebrate the Taste, El Dorado, Fresh Ripe, Select, Taste of Paradise, The First Name in Avocados, Tico, Mfresh, Maui Fresh International, Triggered Avocados, ProRipeVIP, RIPE NOW!, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials. Established in 1924, Calavo Growers, Inc. maintains its corporate headquarters in Santa Paula, California.

Sector: Consumer Defensive 路 Industry: Food Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
A

Very Good

Strong compliance across all metrics

82Score

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 Cap5.0% / 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 14, 2026Fiscal: FY 2025Source: FMP

Purify Your CVGW Dividends

0.5% non-compliant income

CVGW has 0.5% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

466.3M

Price

$26.09

Sector

Consumer Defensive

Industry

Food Distribution

Free 路 No credit card required

Track CVGW and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Calavo Growers, Inc. (CVGW) halal to invest in?
Based on AAOIFI Standard 21 screening, Calavo Growers, Inc. (CVGW) 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 Calavo Growers, Inc. get a A compliance rating?
Calavo Growers, Inc. (CVGW) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.0% (limit 30%); interest-bearing deposits of 13.1% (limit 30%); prohibited income of 0.50% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Calavo Growers, Inc.'s Shariah verdict?
Calavo Growers, 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 Calavo Growers, Inc. re-screened for Shariah compliance?
Calavo Growers, Inc. (CVGW) 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 14, 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.