What is Carriage Services, Inc.'s Shariah compliance score?

Carriage Services, Inc. (CSV) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Carriage Services, Inc. pass AAOIFI screening?

Carriage Services, Inc. (CSV) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. CSV's debt-to-market-cap is 98.0%.

How much purification is needed for Carriage Services, Inc.?

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 percentage and amount for Carriage Services, Inc. (CSV) using the latest financial data.

Where can I screen Carriage Services, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Carriage Services, Inc. (CSV) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

CSVNot HalalF

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Compliance Status

Not Halal

Screened on Oct 15, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Carriage Services, Inc. (CSV) halal? Not Halal. Based on AAOIFI screening, Carriage Services, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Carriage Services, Inc. (CSV) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 15, 2026. Source: https://halalscreener.app/en/stock/CSV

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

98.0% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CSV

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

CSV: Is Carriage Services, Inc. Halal?

Carriage Services, Inc.

NYSEConsumer CyclicalUS

$36.20

Market Cap: 574.9M

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About Carriage Services, Inc.

Carriage Services, Inc. (CSV) delivers a comprehensive array of funeral and cemetery services, along with associated merchandise, throughout the United States. Its operations are structured into two distinct segments: Funeral Home Operations and Cemetery Operations. The Funeral Home Operations segment offers various services, including consultation, the use of funeral home facilities for visitations and memorial services, transportation, and the removal and preparation of remains. This segment also facilitates the sale of burial and cremation services, alongside related products such as caskets and urns. The Cemetery Operations segment provides rights to interment spaces like grave sites, lawn crypts, mausoleum sections, and niches. Furthermore, it supplies complementary cemetery merchandise, including outer burial containers, memorial markers, monuments, and floral arrangements, and performs interments, inurnments, and the installation of these items. As of December 31, 2021, the company oversaw 170 funeral homes located across 26 states and 31 cemeteries in 11 states. Carriage Services, Inc. was established in 1991 and maintains its corporate headquarters in Houston, Texas.

Sector: Consumer Cyclical · Industry: Personal Products & Services

Why this does not pass

Interest-bearing debt is 98.0% of market cap, over the 30% AAOIFI limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 15, 2026

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PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

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:

0380.KLA+

Aquawalk Group Berhad

$0.14

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Teamstar Berhad

$0.23

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Lien Hoe Corporation Berhad

$0.10

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.04

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.35

-0.01%

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Frequently Asked Questions

Is Carriage Services, Inc. (CSV) halal to invest in?

Carriage Services, Inc. (CSV) 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 Carriage Services, Inc. get a F compliance rating?

Carriage Services, Inc. (CSV) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 98.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Carriage Services, Inc.'s Shariah verdict?

Carriage Services, Inc.'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 Carriage Services, Inc. re-screened for Shariah compliance?

Carriage Services, Inc. (CSV) 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: Oct 15, 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.