logo

Shariah compliance overview

Halal

Karooooo Ltd. (KARO) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Karooooo Ltd.

Karooooo Ltd. delivers a comprehensive software-as-a-service (SaaS) platform tailored for connected vehicles, extending its services across South Africa, the broader African continent, Europe, the Asia-Pacific region, the Middle East, and the United States.

Karooooo Ltd. (KARO) operates in the Technology sector, in the Software - Application industry.

Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.63% (limit 5%), interest-bearing debt is 4.22% (limit 30%) and interest-bearing securities and assets are 4.94% (limit 30%).

If you hold KARO, give 0.63% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
0.63%Limit 5%Pass
Interest-bearing debt
4.22%Limit 30%Pass
Interest-bearing securities and assets
4.94%Limit 30%Pass
Dividend purification
0.63%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.

Please login to access this content

Key stats

Please login to access this content

Please login to access this content

Company Profile

Please login to access this content

Frequently asked questions

Quick answers about Karooooo Ltd. (KARO). Current Akinda screening label: Halal.