What is Ferrari N.V.'s Shariah compliance score?

Ferrari N.V. (RACE) has a Shariah compliance score of 93/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Ferrari N.V. pass AAOIFI screening?

Ferrari N.V. (RACE) passes 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% (RACE: 4.3%), (3) interest-bearing deposits below 30% (RACE: 2.2%), and (4) prohibited income below 5% (RACE: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Ferrari N.V. stock?

Ferrari N.V. (RACE) has a non-permissible income ratio of 0.29%. Muslim investors should purify this percentage of any dividends received and capital gains realized from RACE 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 Ferrari N.V. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ferrari N.V. (RACE) 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 RACE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

RACE: Is Ferrari N.V. Halal?

Ferrari N.V.

NYSEConsumer CyclicalIT

$382.58

+1.82%

Market Cap: 67.5B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A+

Excellent

93Score

Is Ferrari N.V. (RACE) halal? Halal. Based on AAOIFI screening, Ferrari N.V. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 93/100 (Grade: A+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

4.3% of 30.0% limit

What this means for you

You can own RACE

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.3% of your income from RACE

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Ferrari N.V.

Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles. Its extensive vehicle lineup features diverse models, including traditional sports cars, Grand Tourers (GTs), specialized series editions, ultra-exclusive limited-edition hypercars, bespoke one-off vehicles, track-specific designs, and its distinctive Icona series. Beyond car manufacturing, the company also supplies motorsport vehicles, essential components like spare parts and engines, and delivers comprehensive after-sales services such as vehicle repair, maintenance, and restoration. Expanding its brand influence, Ferrari N.V. strategically licenses its iconic marque to various producers and retailers of upscale lifestyle merchandise. This also extends to prominent leisure destinations, including the Ferrari World theme park in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. The company further diversifies its operations by offering direct and indirect financing and leasing solutions to both individual customers and dealership partners. Additionally, Ferrari N.V. oversees the management of racetracks, curates and maintains two dedicated museums in Maranello and Modena, Italy, and markets its own collection of branded apparel and accessories through specialized monobrand boutiques. As of December 31, 2021, Ferrari's global retail presence comprised 30 branded stores, with 14 operating as franchised outlets and 16 as company-owned locations. Its products are also distributed globally through a network of 172 authorized dealers, collectively operating 191 sales points, and are available for purchase directly via its official e-commerce platform, store.ferrari.com. Established in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

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Frequently Asked Questions

Is Ferrari N.V. (RACE) halal to invest in?

Based on AAOIFI Standard 21 screening, Ferrari N.V. (RACE) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Ferrari N.V. get a A+ compliance rating?

Ferrari N.V. (RACE) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 4.3% (limit 30%); interest-bearing deposits of 2.2% (limit 30%); prohibited income of 0.29% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ferrari N.V.'s Shariah verdict?

Ferrari N.V.'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 Ferrari N.V. re-screened for Shariah compliance?

Ferrari N.V. (RACE) 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.