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Shariah compliance overview

Not Halal

Forward Air Corporation (FWRD) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Forward Air Corporation

Forward Air Corporation, including its various subsidiaries, functions as a streamlined transportation and logistics enterprise throughout the United States and Canada, operating with an asset-light model.

Forward Air Corporation (FWRD) operates in the Industrials sector, in the Integrated Freight & Logistics industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
0.00%Limit 5%Pass
Interest-bearing debt
207.56%Limit 30%Fail
Interest-bearing securities and assets
12.15%Limit 30%Pass
Dividend purification
0.00%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Forward Air Corporation (FWRD). Current Akinda screening label: Not Halal.