Is Cardinal Infrastructure Group Inc. Class A Common Stock (CDNL) halal? Halal. Based on AAOIFI screening, Cardinal Infrastructure Group Inc. Class A Common Stock passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 91/100 (Grade: A+).
CDNL — Is Cardinal Infrastructure Group Inc. Class A Common Stock Halal?
HalalCardinal Infrastructure Group Inc. Class A Common Stock
$56.61
+4.37%
About Cardinal Infrastructure Group Inc. Class A Common Stock
Cardinal Infrastructure Group Inc., a civil contracting company, provides infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the United States. It offers wet utility installations, such as water, sewer, and stormwater systems, as well as grading, site clearing, erosion control, drilling and blasting, paving, and other related site services. The company was formerly known as Civil Infrastructure Group Inc. and changed its name to Cardinal Infrastructure Group Inc. in September 2025. The company was founded in 2013 and is based in Raleigh, North Carolina.
Sector: Industrials · Industry: Industrial - Infrastructure Operations
Shariah Compliance Status
Based on AAOIFI screening standards
Excellent
Exceptionally strong compliance
Business Activity Screen
PassedChecks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)
Financial Ratio Screen
PassedFinancial ratios must be below AAOIFI thresholds
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.
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Financial Overview
Market Cap
865.7M
Price
$56.61
Sector
Industrials
Industry
Industrial - Infrastructure Operations
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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.