
Is Copart (CPRT) stock Halal?
Copart, Inc. (CPRT) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 96.96%. Tabadulat re-screens CPRT monthly, and the status can change when new financial data arrives.
Copart is a global leader in online vehicle auctions, providing a platform for buyers and sellers to auction and purchase vehicles of various types. The company's primary function is to facilitate the remarketing of vehicles including cars, trucks, SUVs, motorcycles, RVs, and more, often sourced from insurance companies, dealerships, and fleet operators. Copart's innovative model leverages technology to enhance the auction process, providing a fully digital marketplace accessible to a diverse range of participants worldwide. Before any of that matters to a Muslim investor, one question comes first: is Copart stock Halal?
Is Copart Shariah compliant?
Industrial businesses like Copart usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Copart pass the business activity test?
Yes. In the September 2026 screening Copart holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Copart's income Halal?
Yes, within AAOIFI's tolerance. Copart's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 96.96% tells holders of CPRT what share of each dividend to keep and what remainder to donate to charity.
Does Copart meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has CPRT re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



