TFI International Inc.

TFII: Is TFI International Inc. Halal?

TFI International Inc.

NYSEIndustrialsCA

$149.25

+1.10%

Market Cap: 12.3B

Compliance Status

Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

A

Very Good

81Score

Is TFI International Inc. (TFII) halal? Halal. Based on AAOIFI screening, TFI International Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

21.4% of 30.0% limit

What this means for you

You can own TFII

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

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About TFI International Inc.

TFI International Inc. stands as a prominent provider of transportation and logistics solutions across North America, serving the United States, Canada, and Mexico. The company's diverse operations are strategically organized into four distinct divisions. Its Package and Courier segment focuses on the collection, shipment, and final delivery of various goods. The Less-Than-Truckload (LTL) division specializes in the efficient collection, consolidation, movement, and distribution of smaller freight shipments. The Truckload (TL) segment encompasses a range of services, including expedited shipping, flatbed transport, tank container operations, and dedicated routes, alongside truckload brokerage. This division handles full truckloads, transporting goods directly from the client's origin to their destination using either standard enclosed vans or specialized equipment. Lastly, the Logistics segment delivers asset-light services such as freight brokerage, international freight forwarding, comprehensive transportation management, and last-mile small parcel delivery. As of December 31, 2021, TFI International boasted a substantial fleet, comprising 13,384 tractors and 50,091 trailers, supported by a network of 9,428 independent contractors. Formerly known as TransForce Inc. until its rebranding in December 2016, TFI International Inc. maintains its corporate headquarters in Saint-Laurent, Canada.

Sector: Industrials · Industry: Trucking

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Doubtful

    until the change above

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

Fiscal: FY 2025Data source: FMP-ADR
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Frequently Asked Questions

Is TFI International Inc. (TFII) halal to invest in?
Based on AAOIFI Standard 21 screening, TFI International Inc. (TFII) is rated Halal with a compliance grade of A (Very Good). 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 TFI International Inc. get a A compliance rating?
TFI International Inc. (TFII) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 21.4% (limit 30%); interest-bearing deposits of 1.2% (limit 30%); prohibited income of 0.02% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change TFI International Inc.'s Shariah verdict?
TFI International 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 TFI International Inc. re-screened for Shariah compliance?
TFI International Inc. (TFII) 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 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.