JBHT

J.B. Hunt Transport Services

HALAL — DATA INCOMPLETEstock

Is JBHT Halal?

Trucking and intermodal — permissible transportation; financial screens pass.

What You Should Know

J.B. Hunt provides trucking and intermodal transportation. March 2026 filing ratios are below the examined debt, liquidity and receivables limits, but activity and income disclosures remain incomplete; customer and cargo end uses require qualitative review.

⚠️ Concerns

  • Customer and cargo end-use mix
  • Equipment financing
  • Interest income not separately disclosed

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.

USD · millions
Interest-bearing debt / assets
16.43%Within limit
Below 33.333% under FTSE Yasaar

1,302.838 / 7,930.54

Cash + interest-bearing securities / assets
0.06%Within limit
Below 33.333% under FTSE Yasaar

4.563 / 7,930.54

Receivables + cash / assets
16.80%Within limit
Below 50% under FTSE Yasaar

1,332.018 / 7,930.54

FTSE Yasaar
v4.6, February 2026
Financial
Incomplete
Overall
Incomplete

Debt/assets is 16.43%, liquidity/assets is 0.06% and receivables-plus-cash/assets is 16.80%; non-compliant income and business activity remain incomplete.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt/assets is 16.43%, liquidity/assets is 0.06% and receivables-plus-cash/assets is 16.80%; business activity remains qualitative and this is not an index-membership claim.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Debt/assets is 16.43% and liquidity/assets is 0.06%; activity remains incomplete and this is not an official classification.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Incomplete

A properly licensed and reproducible historical market-cap series is not stored; filing-based asset ratios remain documented.

Business-activity disclosure

J.B. Hunt provides trucking, intermodal and logistics services. Transportation is generally permissible, while customer industries and cargo end uses require qualitative review.

Limitation: The filing does not provide a universal prohibited-activity numerator across customers and cargo.

Purification

J.B. Hunt does not separately disclose a complete interest-income or prohibited-activity numerator; no purification percentage is invented.

Inputs, assumptions and primary sources
  • Amounts are USD millions from J.B. Hunt's March 31, 2026 Form 10-Q.
  • Long-term debt is $1,302.838 million; no current debt is reported and lease liabilities are excluded.
  • Cash and cash equivalents are $4.563 million; no separate interest-bearing securities line is reported.
  • Trade accounts receivable are $1,327.455 million and quarterly revenue is $3,056.491 million; net interest expense is disclosed but interest income is not separately reported.
  • Trucking and intermodal transportation are generally permissible, but customer and cargo end uses require qualitative review.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

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