Massimo Group Common Stock

MAMO: Is Massimo Group Common Stock Halal?

Massimo Group Common Stock

NASDAQConsumer CyclicalUS

$1.00

+4.82%

Market Cap: 41.6M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

B

Acceptable

66Score

Is Massimo Group Common Stock (MAMO) halal? Halal. Based on AAOIFI screening, Massimo Group Common Stock passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 66/100 (Grade: B).

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%.

22.7% of 30.0% limit

What this means for you

You can own MAMO

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

Purification amount is Pro

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

About Massimo Group Common Stock

Massimo Group, operating through its various subsidiaries, is engaged in the manufacturing, importing, distributing, and selling of diverse vehicles such as utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), and both pontoon and tritoon boats. Their product line further encompasses motorcycles, scooters, golf carts, go-karts, and balance bikes. Beyond transportation, the company also offers distinct product categories including EV charging solutions, electric coolers, power stations, and portable solar panels. Additionally, they provide snow equipment and a variety of related accessories. The distribution and sale of these products occur through an established network of authorized dealerships, distributors, and major retail chains, alongside an active e-commerce marketplace. Founded in 2009, the company's main operations are based in Garland, Texas.

Sector: Consumer Cyclical · Industry: Auto - Recreational Vehicles

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Massimo Group Common Stock (MAMO) halal to invest in?
Based on AAOIFI Standard 21 screening, Massimo Group Common Stock (MAMO) is rated Halal with a compliance grade of B (Acceptable). 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 Massimo Group Common Stock get a B compliance rating?
Massimo Group Common Stock (MAMO) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Massimo Group Common Stock's Shariah verdict?
Massimo Group Common Stock'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 Massimo Group Common Stock re-screened for Shariah compliance?
Massimo Group Common Stock (MAMO) 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: Aug 26, 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.