What is Churchill Downs Incorporated's Shariah compliance score?

Churchill Downs Incorporated's (CHDN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Churchill Downs Incorporated pass AAOIFI screening?

Churchill Downs Incorporated (CHDN) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CHDN: 68.3%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Churchill Downs Incorporated stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Churchill Downs Incorporated (CHDN) using the latest financial data.

Where can I screen Churchill Downs Incorporated for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Churchill Downs Incorporated (CHDN) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CHDN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CHDN: Is Churchill Downs Incorporated Halal?

Churchill Downs Incorporated

NASDAQConsumer CyclicalUS

$91.75

+3.51%

Market Cap: 6.4B

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Churchill Downs Incorporated (CHDN) halal? Not Halal. Based on AAOIFI screening, Churchill Downs Incorporated has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Churchill Downs Incorporated (CHDN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Aug 27, 2026. Source: https://halalscreener.app/en/stock/CHDN

AvoidBorderlineClean

Business activity

Involved in prohibited business activities.

Failed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

68.3% of 30.0% limit

What this means for you

Most scholars advise not holding CHDN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Churchill Downs Incorporated

Churchill Downs Incorporated (CDI) is a leading U.S. entertainment enterprise focused on horse racing, online wagering, and general gaming activities. Its extensive operations are categorized into three main divisions: Live and Historical Racing, TwinSpires, and Gaming. As of December 31, 2021, CDI's portfolio included three pari-mutuel gaming venues in Kentucky, collectively featuring approximately 3,050 historical racing machines. The company also operates TwinSpires, a comprehensive digital platform offering betting on horse races, sports, and iGaming. Furthermore, CDI manages nine brick-and-mortar sportsbooks and runs casino gaming across eight states, housing around 11,000 slot machines and video lottery terminals, in addition to 200 table games. Beyond these core ventures, Churchill Downs Incorporated delivers streaming video of live horse races and replays, along with a wide array of racing and handicapping information. It also oversees the Bloodstock Research Information Services (BRIS) platform, a valuable source for horse racing statistical data. The company is additionally engaged in designing and deploying pari-mutuel wagering systems for racetracks, off-track betting facilities, and various other wagering enterprises. Established in 1875, Churchill Downs Incorporated is headquartered in Louisville, Kentucky.

Sector: Consumer Cyclical · Industry: Gambling, Resorts & Casinos

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Prohibited industry: Gambling, Resorts & Casinos
Prohibited activity detected: betting
Prohibited activity detected: lottery

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is Churchill Downs Incorporated (CHDN) halal to invest in?

Churchill Downs Incorporated (CHDN) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Churchill Downs Incorporated get a F compliance rating?

Churchill Downs Incorporated (CHDN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 68.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Churchill Downs Incorporated's Shariah verdict?

Churchill Downs 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 Churchill Downs Incorporated re-screened for Shariah compliance?

Churchill Downs Incorporated (CHDN) 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: Aug 27, 2026.

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.