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METHODOLOGY

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Our 5-step halal methodology, in 90 seconds.

CARG Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: May 18, 2026

Report Source: 2026 1st Quarter Report

CarGurus Inc

CarGurus Inc. Stock Analysis CARG

United States Communication Services Mid Cap Report:
Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. The company is headquartered in Boston, Massachusetts and currently employs 1,218 full-time employees. The company went IPO on 2017-10-12. The company operates marketplaces under the CarGurus brand in United States (U.S.), United Kingdom (U.K.), and Canada. CarGurus operates online marketplaces in the U.S., U.K., and Canada. Its network of brands includes PistonHeads, an online motoring community in the U.K., and Autolist, a U.S.-based online marketplace. Its marketplace allows consumers to search for new and used car listings from its dealers with a conversational search experience or through filter-based search built on its proprietary deal ratings. Its platform leverages AI-powered conversational search alongside proprietary pricing and algorithms to help consumers assess value and trade-offs. The company offers a comprehensive suite of solutions organized around four pillars: inventory, marketing, conversion, and data. Its inventory products help dealers source and price vehicles via Sell My Car, IMV Scan, and PriceVantage.
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CarGurus Inc (CARG) Chart

Key Statistics of CarGurus Inc (CARG)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$30.20$31.03

Today's Open

$30.40

Volume

1.17M

P/E Ratio (TTM)

17.62

52 Week Range

$26.39$39.42

Market Cap

2.49B

Avg. Volume

1.55M

Dividend Yield

-

Financial Metrics & Statements of CarGurus Inc (CARG)

FAQ's for CarGurus Inc (CARG)

  • According to Musaffa’s Shariah screening methodology, CarGurus Inc (CARG) is currently classified as HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes CarGurus Inc using these criteria to determine its compliance status.
  • Muslim investors may consider investing in CarGurus Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of CarGurus Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of CarGurus Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of CarGurus Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

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