Lindsay Corporation

LNN: Is Lindsay Corporation Halal?

Lindsay Corporation

NYSEIndustrialsUS

$115.54

-2.30%

Market Cap: 1.2B

Compliance Status

Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

B+

Good

73Score

Is Lindsay Corporation (LNN) halal? Halal. Based on AAOIFI screening, Lindsay Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 73/100 (Grade: B+).

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%.

9.8% of 30.0% limit

What this means for you

You can own LNN

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

Purify 0.8% of your income from LNN

That is about $0.80 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Lindsay Corporation

Lindsay Corporation is an international enterprise specializing in comprehensive solutions for water management and road infrastructure. The company's operations are structured into two main divisions. The Irrigation segment develops and distributes a wide array of irrigation technologies. This encompasses center pivot and lateral move irrigation systems under the Zimmatic brand, Perrot and Greenfield hose reel travelers, and the GrowSmart line of chemical injection systems, variable rate irrigation tools, flow meters, weather stations, soil moisture sensors, and advanced remote monitoring and control systems. This division also provides essential repair and replacement parts, along with sophisticated technological solutions including global positioning system guidance, wireless irrigation management, scheduling applications, and smartphone integration. Furthermore, it offers industrial Internet of Things (IoT) technology solutions, data acquisition and management systems, and bespoke electronic equipment for various applications, all under the Elecsys brand. The Infrastructure segment is dedicated to supplying crucial products for road safety and construction. Its key offerings include Quickchange moveable barrier systems, which are vital for highway reconstruction, paving, resurfacing, road widening, median and shoulder construction, and tunnel and bridge repairs. It also provides re-directive and non-re-directive crash cushions, strategically deployed to improve highway safety at locations such as toll booths, freeway off-ramps, median and roadside barrier ends, bridge supports, and utility poles. This segment's portfolio is rounded out by specialty barrier products, road marking and safety equipment, railroad signals and structures, and large-diameter steel tubing. Additionally, it offers outsourced manufacturing and production services to other companies. Lindsay Corporation's customer base includes departments of transportation, municipal transportation agencies, roadway contractors, subcontractors, distributors, and dealers. The company was founded in 1954 and is headquartered in Omaha, Nebraska.

Sector: Industrials · Industry: Agricultural - Machinery

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 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: Q3 2026Data source: EDGAR
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Frequently Asked Questions

Is Lindsay Corporation (LNN) halal to invest in?
Based on AAOIFI Standard 21 screening, Lindsay Corporation (LNN) 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 Lindsay Corporation get a B+ compliance rating?
Lindsay Corporation (LNN) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 9.8% (limit 30%); interest-bearing deposits of 17.9% (limit 30%); prohibited income of 0.75% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Lindsay Corporation's Shariah verdict?
Lindsay Corporation'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 Lindsay Corporation re-screened for Shariah compliance?
Lindsay Corporation (LNN) 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 19, 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.