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KMX

CarMax Inc.

HARAM
Score: 30/100
stock

Is KMX Halal?

Used car retailer with significant auto finance operations involving riba.

What You Should Know

CarMax operates used car superstores. While vehicle sales may be permissible, CarMax Auto Finance generates substantial interest income from auto loans.

⚠️ Concerns

  • •Large portion of profit from interest-based financing
  • •Auto lending is core to business model

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