What is Alamo Group Inc.'s Shariah compliance score?

Alamo Group Inc. (ALG) has a Shariah compliance score of 77/100 (Grade: B+, Good) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Alamo Group Inc. pass AAOIFI screening?

Alamo Group Inc. (ALG) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ALG: 9.7%), (3) interest-bearing deposits below 30% (ALG: 15.7%), and (4) prohibited income below 5% (ALG: 0.3%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Alamo Group Inc. stock?

Alamo Group Inc. (ALG) has a non-permissible income ratio of 0.32%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ALG shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Alamo Group Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Alamo Group Inc. (ALG) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ALG's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ALG: Is Alamo Group Inc. Halal?

Alamo Group Inc.

NYSEIndustrialsUS

$162.15

-0.49%

Market Cap: 2.0B

Compliance Status

Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

B+

Good

77Score

Is Alamo Group Inc. (ALG) halal? Halal. Based on AAOIFI screening, Alamo Group Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 77/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

9.7% of 30.0% limit

What this means for you

You can own ALG

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purify 0.3% of your income from ALG

That is about $0.30 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Alamo Group Inc.

Alamo Group Inc. is a global enterprise specializing in the design, production, distribution, and servicing of equipment crucial for managing vegetation and maintaining public and private infrastructure. It serves a broad international clientele spanning governmental agencies, industrial operations, and agricultural businesses. The company operates through two main divisions: Vegetation Management Division: This segment provides a comprehensive range of machinery and associated components for controlling plant growth and preparing land. Offerings include robust, hydraulically-powered and tractor-mounted mowers, various types of cutters for intensive use, specialized agricultural implements such as rotary tillers, posthole diggers, and scraper blades, as well as zero-turn mowers, snow blowers, and rock removal equipment. It also supplies a wide array of replacement parts, from cutting blades to fertilizer application components and hydraulic boom-mounted hedge and grass cutters. Industrial Equipment Division: This division focuses on apparatus for public works and utility maintenance. Its product portfolio features a full spectrum of truck-mounted street sweepers (including air vacuum, mechanical broom, and regenerative air models), pothole repair machines, leaf collection systems, and excavators. The division also supplies catch basin cleaners, roadway debris vacuum systems, and combination sewer cleaners. Additionally, it provides essential ice and snow control equipment like snowplows, heavy-duty snow removal vehicles, graders, high-pressure cleaning systems, and trenchers. Established in 1955, Alamo Group Inc. is headquartered in Seguin, Texas.

Sector: Industrials · Industry: Agricultural - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Alamo Group Inc. (ALG) halal to invest in?

Based on AAOIFI Standard 21 screening, Alamo Group Inc. (ALG) is rated Halal with a compliance grade of B+ (Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Alamo Group Inc. get a B+ compliance rating?

Alamo Group Inc. (ALG) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 9.7% (limit 30%); interest-bearing deposits of 15.7% (limit 30%); prohibited income of 0.32% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Alamo Group Inc.'s Shariah verdict?

Alamo Group Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Alamo Group Inc. re-screened for Shariah compliance?

Alamo Group Inc. (ALG) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 18, 2026.

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.