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ALG – Alamo Group Inc

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Alamo Group Inc. is engaged in designing, manufacturing, distributing and providing services of equipment for vegetation management, infrastructure maintenance and other applications. The Company has two segments: Vegetation Management Division and Industrial Equipment Division. The Vegetation Management Division includes the operations of the mowing and forestry/tree care operations, Morbark and Dutch Power business units. The Industrial Equipment Division includes the Company’s vocational truck business and other industrial operations, such as excavators, vacuum trucks, street sweepers and snow removal equipment. The Company’s products include tractor-mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, pothole patchers, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, and snow removal equipment.

AAOIFI ✓

Debt ÷ Market cap (MC)14.53
Non-Compliant Assets ÷ MC
Impure Income (incl. Interest)0.09
Impure Income%
Interest Income0.09%
Total0.09%