
GENC: Is Gencor Industries, Inc. Halal?
Gencor Industries, Inc.
$18.10
+4.63%
Market Cap: 265.3M
Compliance Status
Not Halal
Screened on Aug 12, 2026 · AAOIFI Standard 21
Non-Compliant
Is Gencor Industries, Inc. (GENC) halal? Not Halal. Based on AAOIFI screening, Gencor Industries, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Well clear of the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding GENC
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Gencor Industries, Inc.
Gencor Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of heavy machinery used in the production of highway construction materials and environmental control equipment. The company offers hot-mix asphalt plants, hot-mix storage silos, fabric filtration systems, cold feed bins, and other plant components, as well as counter flow drum mix technology and batch plants. It also provides combustion systems for rotary dryers, kilns, fume and liquid incinerators, and fuel heaters; Hy-Way Heat and beverley lines of thermal fluid heat transfer systems, and specialty storage tanks; and asphalt pavers under the Blaw-Knox brand. In addition, the company services and sells spare parts for its equipment. It sells its products primarily to the highway construction industry through its sales representatives, and independent dealers and agents worldwide. The company was formerly known as Mechtron International Corporation and changed its name to Gencor Industries, Inc. in 1987. Gencor Industries, Inc. is based in Orlando, Florida.
Sector: Industrials · Industry: Industrial - Machinery
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 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:
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Frequently Asked Questions
Is Gencor Industries, Inc. (GENC) halal to invest in?
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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.




