Compliance Status

Halal

Screened on Oct 18, 2026 · AAOIFI Standard 21

A

Very Good

81Score

Is EVI Industries, Inc. (EVI) halal? Halal. Based on AAOIFI screening, EVI Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

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HalalScreener rates EVI Industries, Inc. (EVI) Halal, 81/100, grade A under AAOIFI Standard 21, screened Oct 18, 2026. Source: https://halalscreener.app/en/stock/EVI

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

20.8% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

You can own EVI

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

Purification amount is Pro

We have screened EVI's prohibited income, but the exact share you would need to purify is part of Pro.

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EVI Industries, Inc.

EVI: Is EVI Industries, Inc. Halal?

EVI Industries, Inc.

AMEXIndustrialsUS

$19.00

-1.40%

Market Cap: 244.7M

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About EVI Industries, Inc.

EVI Industries, Inc., operating through its subsidiaries, is a leading provider of commercial and industrial laundry and dry-cleaning machinery. The company offers an extensive array of equipment for both professional and self-service (vended) laundry facilities, including specialized commercial units designed for washing, drying, garment finishing, material handling, water heating, power generation, and water reclamation, alongside steam and hot water boilers. These systems are made available to clients through sales, rental, and leasing arrangements. Their operations span across a wide geographical area, serving customers throughout the United States, Canada, the Caribbean, Latin America, and Asia. In addition to equipment, EVI supplies essential replacement components and complementary accessories. They also deliver crucial post-sale support, encompassing installation, ongoing maintenance, and repair services. The company's diverse clientele comprises government entities, various institutions, industrial businesses, commercial enterprises, and retail establishments. Founded in 1959, the enterprise is headquartered in Miami, Florida. It previously operated under the name EnviroStar, Inc. until its rebranding to EVI Industries, Inc. in December 2018.

Sector: Industrials · Industry: Industrial - Distribution

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 18, 2026

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Screened according to AAOIFI Standard 21

Compliance History

  1. Halalnow

    since Sep 2026

  2. Doubtful

    until the change above

  3. Halal

    until the change above

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

Fiscal: FY 2026Data source: EDGAR
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Frequently Asked Questions

Is EVI Industries, Inc. (EVI) halal to invest in?
Based on AAOIFI Standard 21 screening, EVI Industries, Inc. (EVI) is rated Halal with a compliance grade of A (Very 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 EVI Industries, Inc. get a A compliance rating?
EVI Industries, Inc. (EVI) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 20.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change EVI Industries, Inc.'s Shariah verdict?
EVI 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 EVI Industries, Inc. re-screened for Shariah compliance?
EVI Industries, Inc. (EVI) 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: Oct 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.