Compliance Status
Not Halal
Screened on Oct 13, 2026 · AAOIFI Standard 21
Non-Compliant
Is Ameresco, Inc. (AMRC) halal? Not Halal. Based on AAOIFI screening, Ameresco, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Quote this verdict
HalalScreener rates Ameresco, Inc. (AMRC) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 13, 2026. Source: https://halalscreener.app/en/stock/AMRC
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
What this means for you
Most scholars advise not holding AMRC
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
AMRC: Is Ameresco, Inc. Halal?
Ameresco, Inc.
$19.50
Market Cap: 1.0B
Get an email if AMRC's halal status changes
We re-screen Ameresco, Inc. daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
About Ameresco, Inc.
Ameresco, Inc. operates as a clean technology integrator, offering a broad spectrum of solutions focused on energy efficiency and sustainable energy generation across the United States, Canada, and global markets. The company serves diverse businesses and organizations by implementing strategies for enhanced energy efficiency, critical infrastructure improvements, bolstered energy security and resilience, improved asset longevity, and the deployment of renewable energy systems. Its operations are structured into distinct segments: U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation. Ameresco specializes in the conceptualization, development, engineering, and installation of projects specifically designed to lower energy consumption and decrease operational and maintenance (O&M) expenses for client facilities. These projects typically involve tailored interventions aimed at optimizing the performance of critical building infrastructure, including heating, ventilation, cooling, and lighting systems. Additionally, Ameresco delivers comprehensive renewable energy services. This encompasses building small-scale power generation facilities, either owned directly by the company or constructed for clients, to produce electricity, gas, heat, or cooling from sustainable sources. They also provide ongoing operations and maintenance for these plants and market the generated renewable electricity, processed gas fuel, or thermal energy. Beyond this, the company distributes photovoltaic (PV) solar products and integrated systems, offers specialized consulting, and provides enterprise-level energy management solutions. Notably, Ameresco also owns and manages a wind power facility situated in Ireland. Its broad client base includes federal, state, and local governmental bodies, healthcare organizations, educational establishments, airports, public housing entities, universities, and a wide spectrum of commercial and industrial clients. By the close of 2021, specifically December 31st, Ameresco's portfolio featured 147 wholly-owned and operated small-scale renewable energy facilities and solar photovoltaic installations. Founded in 2000, Ameresco, Inc. maintains its corporate headquarters in Framingham, Massachusetts.
Sector: Industrials · Industry: Engineering & Construction
Why this does not pass
- Interest-bearing debt is 180.5% of market cap, over the 30% AAOIFI limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why AMRC is rated Not Halal with institutional-grade analysis
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
Compliance History
Not Halalnow
since Jun 2026
Halal
until the change above
Tracked since May 2026. Updates automatically on each re-screen.
Halal Alternatives in Industrials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Industrials Stocks
Know the day AMRC's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Ameresco, Inc. (AMRC) halal to invest in?
Why did Ameresco, Inc. get a F compliance rating?
What could change Ameresco, Inc.'s Shariah verdict?
How often is Ameresco, Inc. re-screened for Shariah compliance?
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.