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

Carriage Services, Inc.'s (CSV) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Carriage Services, Inc. pass AAOIFI screening?

Carriage Services, Inc. (CSV) 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% (CSV: 85.6%), (3) interest-bearing deposits below 30% (CSV: 0.3%), and (4) prohibited income below 5% (CSV: 0.0%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Carriage Services, Inc. (CSV) has a non-permissible income ratio of 0.00%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CSV shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation 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 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CSV's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CSV: Is Carriage Services, Inc. Halal?

Carriage Services, Inc.

NYSEConsumer CyclicalUS

$38.89

+2.32%

Market Cap: 617.3M

Compliance Status

Not Halal

Screened on Jul 17, 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).

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%.

85.6% of 30.0% limit

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

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

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

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: Q1 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:

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

A+

TSLA

Tesla, Inc.

The Home Depot, Inc.

MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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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 85.6% (limit 30%); interest-bearing deposits of 0.3% (limit 30%); prohibited income of 0.00% (limit 5%). 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: Jul 17, 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.