Camping World Holdings, Inc.

CWH: Is Camping World Holdings, Inc. Halal?

Camping World Holdings, Inc.

NYSEConsumer CyclicalUS

$6.32

+1.44%

Market Cap: 401.4M

Compliance Status

Not Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Camping World Holdings, Inc. (CWH) halal? Not Halal. Based on AAOIFI screening, Camping World Holdings, 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 Camping World Holdings, Inc. (CWH) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/CWH

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%.

342.5% of 30.0% limit

What this means for you

Most scholars advise not holding CWH

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Camping World Holdings, Inc.

Camping World Holdings, Inc., through its subsidiaries, functions as a leading retailer of recreational vehicles (RVs) and provides a comprehensive suite of related merchandise and support services. Its business activities are organized into two main divisions: Good Sam Services and Plans, and RV and Outdoor Retail. Under the Good Sam brand, the company offers an extensive range of services, protective coverage plans, and valuable resources for the RV community. These include extended vehicle warranties, roadside assistance programs, property and casualty insurance options, and travel protection plans. It also hosts consumer events centered on RVs and outdoor pursuits, publishes a variety of monthly and annual RV-focused magazines, and oversees the "Coast to Coast Club." The RV and Outdoor Retail segment features the sale of both new and pre-owned RVs, alongside vehicle financing solutions. It delivers in-depth RV repair and maintenance services, as well as specialized collision repair encompassing tasks such as fiberglass cap replacement, windshield installation, interior refurbishment, and paintwork. Customers can also find a vast inventory of RV components, gear, and accessories, which includes towing equipment, navigation systems (GPS and satellite), electrical and lighting products, appliances, and furniture. Additionally, Camping World caters to outdoor enthusiasts by supplying equipment, apparel, and provisions for activities like camping, hunting, fishing, skiing, snowboarding, cycling, skateboarding, and various marine and watersports. The company also operates the Good Sam Club, a membership program that grants discounts on numerous products and services and provides co-branded credit cards. As of December 31, 2021, Camping World maintained a physical presence with approximately 187 retail locations distributed across 40 U.S. states. It engages with its customers through a blend of brick-and-mortar dealerships and advanced online and e-commerce channels. Founded in 1966, the company's corporate headquarters are located in Lincolnshire, Illinois.

Sector: Consumer Cyclical · Industry: Auto - Dealerships

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 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: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Camping World Holdings, Inc. (CWH) halal to invest in?
Camping World Holdings, Inc. (CWH) 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 Camping World Holdings, Inc. get a F compliance rating?
Camping World Holdings, Inc. (CWH) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 342.5% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Camping World Holdings, Inc.'s Shariah verdict?
Camping World Holdings, 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 Camping World Holdings, Inc. re-screened for Shariah compliance?
Camping World Holdings, Inc. (CWH) 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 1, 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.