Is CPRT (Copart, Inc.) Halal or Haram?

Based on our AAOIFI-standard shariah screening, CPRT is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (0.32% vs ≤33% threshold), interest income ratio (3.85% vs ≤5% threshold), and cash & securities ratio (14.91% vs ≤33% threshold).

Copart, Inc. is a global leader in online vehicle auctions and remarketing services, operating across North America, Europe, and the Middle East. Through its proprietary virtual bidding technology, the company helps sellers process and auction vehicles, offering end-to-end services like salvage estimation, transportation, and title processing. For Muslim investors utilizing HalalStocks.co.uk, Copart is an attractive option as it successfully passes all four AAOIFI shariah screens. Its core business of facilitating physical vehicle trade is fundamentally halal, meaning investors can confidently participate in its growth without compromising their Islamic values. Financially, Copart stands out for its exceptional balance sheet management, boasting a remarkably low debt-to-market cap ratio of just 0.3%. The company's cash and securities sit comfortably at 14.9% of its market cap, well below the 33% limit, though investors should note its interest income currently stands at 3.85% of total revenue. Because the interest income to revenue ratio is approaching the 5% AAOIFI threshold, Muslim investors should monitor this metric in future earnings reports. Ensuring this non-permissible income remains below the limit will be crucial for maintaining the stock's halal status in your portfolio. Copart, Inc. operates in the Industrials sector under the Specialty Business Services industry and is headquartered in Dallas, TX, US. The company is led by CEO Jeffrey Liaw and employs approximately 13,800 people.

CPRT was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. CPRT passed 4 of these 4 screens.

Although CPRT passes all shariah screens, it does earn $178.9M in interest income (3.85% of revenue). Many scholars recommend purifying this portion by donating the equivalent percentage of any dividends received to charity. For example, if you receive $100 in dividends, you would donate approximately $3.85 to purify the income.

CPRT was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.