Boston Omaha Corp

BOC

Not Compliant
Exchange
Sector
Headquarters
Group
NYSE
Consumer Cyclicals
USA
Small Cap

Boston Omaha Corp is not Shariah Compliant because its Impure Income is more than 5% of its total revenues.

48.51%

Impure Income*

$0.356

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Small Cap
BUY
-4.62%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
1.73%
0.19%
0.16
0.46
-74.24%

Shariah Compliance

  • Updated on September 15, 2026
Debt
11.48%
✓
Non-Compliant Assets
14.75%
✓
Impure Income
48.51%
✗

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
10.81%
✓
Impure Income
48.51%
✗

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
11.23%
✓
Impure Income
48.51%
✗

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
6.97%
✓
Cash
11.32%
✓
Cash & AR
12.14%
✓
Impure Income
48.51%
✗

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
6.97%
✓
Cash
11.32%
✓
Cash & AR
12.14%
✓
Impure Income
48.51%
✗

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

Insurance
16.45%
Interest Income
32.06%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Boston Omaha Corporation is engaged in outdoor billboard advertising, broadband services, surety insurance, and related brokerage businesses, and an asset management business. The Company’s segments include Link Media Holdings, LLC (LMH), Boston Omaha Broadband, LLC (BOB), Boston Omaha Asset Management, LLC (BOAM). The LMH segment conducts its billboard rental operations. The BOB segment conducts its broadband operations. It provides broadband services to its customers located in Arizona, Florida, Nevada, and Utah. Its billboard operations are conducted through its subsidiary, Link Media Holdings, LLC. Its insurance operations are conducted through its subsidiary, General Indemnity Group, LLC. Broadband operations are conducted through its subsidiary, Boston Omaha Broadband, LLC, and its asset management operations are conducted through its subsidiary, Boston Omaha Asset Management, LLC. It also holds minority investments in commercial real estate management and brokerage services.