What is Astec Industries, Inc.'s Shariah compliance score?

Astec Industries, Inc. (ASTE) has a Shariah compliance score of 74/100 (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 Astec Industries, Inc. pass AAOIFI screening?

Astec Industries, Inc. (ASTE) 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% (ASTE: 24.5%), (3) interest-bearing deposits below 30% (ASTE: 5.7%), and (4) prohibited income below 5% (ASTE: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Astec Industries, Inc. stock?

Astec Industries, Inc. (ASTE) has a non-permissible income ratio of 0.18%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ASTE 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 Astec Industries, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Astec Industries, Inc. (ASTE) 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 ASTE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ASTE: Is Astec Industries, Inc. Halal?

Astec Industries, Inc.

NASDAQIndustrialsUS

$56.62

+1.72%

Market Cap: 1.3B

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

B+

Good

74Score

Is Astec Industries, Inc. (ASTE) halal? Halal. Based on AAOIFI screening, Astec Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

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

24.5% of 30.0% limit

What this means for you

You can own ASTE

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

Purify 0.2% of your income from ASTE

That is about $0.20 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Astec Industries, Inc.

Astec Industries, Inc. is a company dedicated to the creation, production, and global distribution of specialized machinery and essential components. These products primarily support road construction and various other heavy building and civil engineering endeavors, serving both domestic and international markets. Its operations are structured into two distinct divisions: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions division provides an extensive range of equipment vital for asphalt production, concrete handling, and overall construction support. This encompasses asphalt and concrete plants, storage tanks, heating and cooling units, various paving and material transfer vehicles, dust control systems, soil stabilization and remediation machinery, wood processing equipment like chippers and grinders, and advanced control systems. Furthermore, it delivers comprehensive engineering and environmental compliance services. Its clientele spans asphalt manufacturers, heavy civil and road construction contractors, ready-mix concrete suppliers, companies engaged in construction and demolition waste recycling, and government entities. Conversely, the Materials Solutions division specializes in designing and producing robust machinery for material processing. This includes crushing, screening, and vibrating equipment, along with mobile, modular, and portable plant configurations. It also provides bulk material handling and conveying systems, plant automation solutions, and specialized mineral processing equipment. This segment augments its product offerings with expert consulting and engineering support. Astec Industries, Inc. was established in 1972 and maintains its corporate headquarters in Chattanooga, Tennessee.

Sector: Industrials · Industry: Agricultural - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Halalnow
since Jun 2026
Doubtful
until the change above

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

Fiscal: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Astec Industries, Inc. (ASTE) halal to invest in?

Based on AAOIFI Standard 21 screening, Astec Industries, Inc. (ASTE) 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 Astec Industries, Inc. get a B+ compliance rating?

Astec Industries, Inc. (ASTE) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 24.5% (limit 30%); interest-bearing deposits of 5.7% (limit 30%); prohibited income of 0.18% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Astec Industries, Inc.'s Shariah verdict?

Astec Industries, 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 Astec Industries, Inc. re-screened for Shariah compliance?

Astec Industries, Inc. (ASTE) 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 20, 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.