Is Forward Air Corp (Delaware) halal to invest in?

According to Musaffa's Shariah screening methodology, Forward Air Corp (Delaware) (FWRD) is currently classified as NOT HALAL as of March 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.

Is Forward Air Corp (Delaware) a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Forward Air Corp (Delaware) using these criteria to determine its compliance status.

Can Muslims buy shares of Forward Air Corp (Delaware)?

Muslim investors may consider investing in Forward Air Corp (Delaware) if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Forward Air Corp (Delaware) classified as NOT HALAL?

Musaffa determines the Shariah status of Forward Air Corp (Delaware) by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Forward Air Corp (Delaware) updated?

The Shariah compliance status of Forward Air Corp (Delaware) may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Forward Air Corp (Delaware) become non-compliant?

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.

Where can I check the Shariah status of Forward Air Corp (Delaware)?

You can check the latest Shariah compliance status of Forward Air Corp (Delaware) on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

FWRD Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 12, 2026

Report Source: 2025 Annual Report

Forward Air Corp (Delaware). Stock Analysis FWRD

United States Industrials Small Cap Report: 2025 Annual

Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. The company is headquartered in Dallas, Texas and currently employs 6,062 full-time employees. The company went IPO on 2020-09-09. Its Expedited Freight segment provides expedited regional, inter-regional and national less-than-truckload (LTL) services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Omni Logistics segment provides a full suite of global logistics services. Services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services and other supply chain solutions. The Intermodal segment provides first- and last-mile high-value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and CFS warehouse and handling services, and in select locations, linehaul and LTL services.

Key Statistics of Forward Air Corp (Delaware) (FWRD)

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

Today's Range

$8.55$9.55

Today's Open

$9.38

Volume

1.47M

P/E Ratio (TTM)

52 Week Range

$8.55$32.47

Market Cap

537.37M

Avg. Volume

1.64M

Dividend Yield

Financial Metrics & Statements of Forward Air Corp (Delaware) (FWRD)

FAQ's for Forward Air Corp (Delaware) (FWRD)

According to Musaffa’s Shariah screening methodology, Forward Air Corp (Delaware) (FWRD) is currently classified as NOT HALAL as of March 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.