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Shariah compliance overview

Doubtful

Ferrari N.V. (RACE) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).

About Ferrari N.V.

Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles.

Ferrari N.V. (RACE) operates in the Consumer Cyclical sector, in the Auto - Manufacturers industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

If you hold RACE, give 8.24% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
16.20%Limit 5%Fail
Interest-bearing debt
4.19%Limit 30%Pass
Interest-bearing securities and assets
2.26%Limit 30%Pass
Dividend purification
8.24%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 Ferrari N.V. (RACE). Current Akinda screening label: Doubtful.