
ALCO: Is Alico, Inc. Halal?
Alico, Inc.
$40.31
+2.05%
Market Cap: 299.0M
Compliance Status
Doubtful
Screened on Aug 30, 2026 · AAOIFI Standard 21
Fair
Is Alico, Inc. (ALCO) halal? Doubtful. Based on AAOIFI screening, Alico, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 52/100 (Grade: C+).
Quote this verdict
HalalScreener rates Alico, Inc. (ALCO) Doubtful, 52/100, grade C+ under AAOIFI Standard 21, screened Aug 30, 2026. Source: https://halalscreener.app/en/stock/ALCO
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own ALCO, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened ALCO's prohibited income, but the exact share you would need to purify is part of Pro.
About Alico, Inc.
Alico, Inc., along with its affiliated entities, functions as a prominent agribusiness and land management enterprise primarily within the United States. The company's operations are strategically divided into two core segments: Alico Citrus, and Land Management and Other Operations. The Alico Citrus division is dedicated to the cultivation of citrus trees, supplying fruit for both the fresh produce market and various processed citrus products. Meanwhile, the Land Management and Other Operations segment is responsible for the ownership and oversight of extensive land holdings in Collier, Glades, and Hendry Counties. This segment also generates income by leasing its properties for diverse purposes, including recreational activities, livestock grazing, conservation efforts, and mining ventures. As of September 30, 2021, Alico controlled a substantial portfolio of 83,000 acres situated across eight Florida counties: Charlotte, Collier, DeSoto, Glades, Hardee, Hendry, Highlands, and Polk. The company was established in 1960 and its corporate headquarters are located in Fort Myers, Florida.
Sector: Consumer Defensive · Industry: Agricultural Farm Products
Why This Stock Is Doubtful
- Debt is 27.7% of market cap, only 2.3 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtfulnow
since Jun 2026
Not Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.