CVGINot HalalF
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Commercial Vehicle Group, Inc.

CVGI: Is Commercial Vehicle Group, Inc. Halal?

Commercial Vehicle Group, Inc.

NASDAQConsumer CyclicalUS

$2.98

Market Cap: 101.2M

Compliance Status

Not Halal

Screened on Sep 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Commercial Vehicle Group, Inc. (CVGI) halal? Not Halal. Based on AAOIFI screening, Commercial Vehicle Group, 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 Commercial Vehicle Group, Inc. (CVGI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 27, 2026. Source: https://halalscreener.app/en/stock/CVGI

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%.

89.3% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CVGI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About Commercial Vehicle Group, Inc.

Commercial Vehicle Group, Inc., together with its subsidiaries, provides systems, assemblies, and components to the vehicle market and electric vehicle markets in North America, Europe, and the Asia-Pacific. The company operates in three segments: Global Seating, Global Electrical Systems, and Trim Systems and Components. The Global Seating segment designs, manufactures, and sells vehicle seats for the vehicle markets, including heavy duty (HD)trucks, medium duty (MD) trucks, last mile delivery trucks and vans, and construction and agriculture equipment; seats and components; and office seats. The Global Electrical Systems segment designs, manufactures, and sells cable and harness assemblies for high and low voltage applications, control boxes, dashboard assemblies, and design and engineering applications; and markets products for the construction, agricultural, industrial, automotive, truck, mining, rail, marine, power generation, and military/defense industries. The Trim Systems and Components segment designs, manufactures, and sells plastic components primarily for commercial vehicle market, MD/HD truck market and power sports, specialty vehicle applications, and diversified markets; vehicle accessories including wipers, mirrors, and sensors; thermoformed products, injection molded products, and reaction injection molded products; assemble components and fabric products; and molded products, instrument panels, cab interiors, and accessories. The company sells its products under the AdvancTEK, Moto Mirror, Sprague Devices, CVG, KAB Seating, National Seating, Bostrom Seating, Stratos, and RoadWatch brand names. Commercial Vehicle Group, Inc. was incorporated in 2000 and is headquartered in New Albany, Ohio.

Sector: Consumer Cyclical · Industry: Auto - Parts

Why this does not pass

  • Interest-bearing debt is 89.3% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% 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 Sep 27, 2026

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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.

Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Commercial Vehicle Group, Inc. (CVGI) halal to invest in?
Commercial Vehicle Group, Inc. (CVGI) 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 Commercial Vehicle Group, Inc. get a F compliance rating?
Commercial Vehicle Group, Inc. (CVGI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 89.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Commercial Vehicle Group, Inc.'s Shariah verdict?
Commercial Vehicle Group, 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 Commercial Vehicle Group, Inc. re-screened for Shariah compliance?
Commercial Vehicle Group, Inc. (CVGI) 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: Sep 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.