Is Granite Construction Incorporated (GVA) halal? Halal. Based on AAOIFI screening, Granite Construction Incorporated passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 69/100 (Grade: B).

Granite Construction Incorporated

GVA: Is Granite Construction Incorporated Halal?

Halal

Granite Construction Incorporated

NYSEIndustrialsUS

$140.60

+1.16%

Purify ~0.9% of income

About Granite Construction Incorporated

Granite Construction Incorporated is a leading U.S. company that functions as both an infrastructure contractor and a producer of essential construction materials. Its activities are primarily divided into two key segments: Construction and Materials. The Construction division is responsible for developing and restoring public infrastructure, encompassing roadways, bridges, rail systems, airports, marine facilities, dams, reservoirs, and aqueducts, alongside general site development. This segment also specializes in water infrastructure projects for a diverse clientele, including municipal bodies, commercial water suppliers, industrial facilities, and energy companies. Furthermore, it undertakes complex ventures such as mining operations, public safety installations, tunnel construction, and both solar and conventional power projects. The Materials segment focuses on manufacturing aggregates and asphalt, supplying these critical components for both the company's internal construction needs and for external sale to third parties. Additionally, this division provides various services including site preparation, mining, and infrastructure development for residential, energy, commercial, and industrial sites, alongside professional construction management expertise. Granite Construction serves an extensive range of clients, from federal and state government agencies, transportation authorities, and local public works departments, to educational institutions, property developers, utility providers, other contractors, landscapers, manufacturers reliant on aggregate materials, retailers, homeowners, agricultural businesses, brokers, and private owners of industrial, commercial, and residential properties. Established in 1922, Granite Construction Incorporated maintains its headquarters in Watsonville, California.

Sector: Industrials 路 Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 14, 2026
B

Acceptable

Acceptable but room for improvement

69Score

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 Cap21.8% / 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: Q1 2026Source: FMP

Purify Your GVA Dividends

0.9% non-compliant income

GVA has 0.9% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

6.2B

Price

$140.60

Sector

Industrials

Industry

Engineering & Construction

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Frequently Asked Questions

Is Granite Construction Incorporated (GVA) halal to invest in?
Based on AAOIFI Standard 21 screening, Granite Construction Incorporated (GVA) is rated Halal with a compliance grade of B (Acceptable). 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 Granite Construction Incorporated get a B compliance rating?
Granite Construction Incorporated (GVA) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.8% (limit 30%); interest-bearing deposits of 9.8% (limit 30%); prohibited income of 0.90% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Granite Construction Incorporated's Shariah verdict?
Granite Construction Incorporated'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 Granite Construction Incorporated re-screened for Shariah compliance?
Granite Construction Incorporated (GVA) 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.