
CDNL: Is Cardinal Infrastructure Group Inc. Halal?
Cardinal Infrastructure Group Inc.
$92.00
+0.03%
Market Cap: 1.4B
Compliance Status
Halal
Screened on Jul 13, 2026 · AAOIFI Standard 21
Very Good
Is Cardinal Infrastructure Group Inc. (CDNL) halal? Halal. Based on AAOIFI screening, Cardinal Infrastructure Group Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You can own CDNL
It passes both the business activity and financial ratio screens under AAOIFI Standard 21.
No purification owed
Based on the latest screening, none of its income comes from prohibited sources.
About Cardinal Infrastructure Group Inc.
Cardinal Infrastructure Group Inc., a civil contracting company, provides site development and infrastructure services to the residential, commercial, industrial, municipal, and state infrastructure markets in the southeastern 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 headquartered in Raleigh, North Carolina.
Sector: Industrials · Industry: Engineering & Construction
Shariah Compliance Status
Compliance History
Halalnow
since Jun 2026
Under Review
until the change above
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · 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.