Karooooo Ltd KARO
$63.96 $1.09 (1.73%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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KARO Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Karooooo Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Karooooo Ltd. Stock Analysis KARO
United States Information Technology Small Cap Karooooo Ltd. engages in providing mobility data analytics solutions for the transportation industry. The company employs 5,711 full-time employees The company went IPO on 2021-04-01. The principal activities include the provision of real-time mobility data analytics solutions for smart transportation through its software-as-a-service (SaaS) platform, physical and electronic commerce vehicle buying and selling, and providing a technology platform focused on last-mile delivery. The Company’s segments include Cartrack, Carzuka, and Karooooo Logistics. Cartrack offers an on-the-ground operational Internet of Things (IoT) SaaS cloud that optimizes transportation, operations, and workflow data. Carzuka is a physical and electronic commerce marketplace for vehicle buying and selling, allowing customers to source, buy, and sell vehicles. Karooooo Logistics provides a software application for managing last-mile delivery and general operational logistics. The Company’s subsidiaries include Cartrack Holdings Proprietary Limited, Carzuka.com Pte Ltd, Karooooo Management Company Pte. Ltd., Karooooo Cartrack Limited, and others.
Karooooo Ltd (KARO) Chart
Financial Metrics & Statements of Karooooo Ltd (KARO)
FAQ's for Karooooo Ltd (KARO)
- As of August 2026, Karooooo Ltd KARO is classified as 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 Karooooo Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Karooooo Ltd 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 Karooooo Ltd 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 Karooooo Ltd 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 Karooooo Ltd 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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