As of August 2026, Forward Air Corp (Delaware) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Forward Air Corp (Delaware). Stock Analysis FWRD
United States Industrials Small Cap
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.
Forward Air Corp (Delaware) (FWRD) Chart
Financial Metrics & Statements of Forward Air Corp (Delaware) (FWRD)
FAQ's for Forward Air Corp (Delaware) (FWRD)
As of August 2026, Forward Air Corp (Delaware) FWRD is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
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.
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.
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.
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.
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 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.
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