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

Miller Industries, Inc. (MLR) has a Shariah compliance score of 92/100 (Grade: A+, Excellent) 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 Miller Industries, Inc. pass AAOIFI screening?

Miller Industries, Inc. (MLR) 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% (MLR: 5.5%), (3) interest-bearing deposits below 30% (MLR: 4.3%), and (4) prohibited income below 5% (MLR: 0.1%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

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

Miller Industries, Inc. (MLR) has a non-permissible income ratio of 0.06%. Muslim investors should purify this percentage of any dividends received and capital gains realized from MLR 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 Miller Industries, Inc. for Shariah compliance for free?

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

MLR: Is Miller Industries, Inc. Halal?

Miller Industries, Inc.

NYSEConsumer CyclicalUS

$49.64

-1.78%

Market Cap: 565.7M

Compliance Status

Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

A+

Excellent

92Score

Is Miller Industries, Inc. (MLR) halal? Halal. Based on AAOIFI screening, Miller Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).

AvoidBorderlineClean

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%.

5.5% of 30.0% limit

What this means for you

You can own MLR

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

Purify 0.1% of your income from MLR

That is about $0.10 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Miller Industries, Inc.

Miller Industries, Inc., alongside its affiliated companies, is a leading producer and vendor of specialized equipment for vehicle towing and recovery. Their diverse product lineup features heavy-duty wreckers, essential for the salvage and transport of disabled vehicles and machinery. They also manufacture advanced car carriers – flatbed trucks equipped with hydraulic tilt capabilities – designed for the efficient movement of both new and non-operational automobiles and other equipment. Additionally, the company supplies various transport trailers, which are utilized for relocating vehicles to auto auctions, car dealerships, leasing agencies, and similar applications. These products are distributed under well-known brands such as Century, Challenger, Holmes, Champion, Eagle, Titan, Jige, Boniface, Vulcan, and Chevron. Miller Industries' distribution network is extensive, operating through independent dealers across the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa. They also supply governmental entities through primary contractors. The corporation was founded in 1990 and maintains its principal operational base in Ooltewah, Tennessee.

Sector: Consumer Cyclical · Industry: Auto - Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 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: Q1 2026Data source: EDGAR

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Frequently Asked Questions

Is Miller Industries, Inc. (MLR) halal to invest in?

Based on AAOIFI Standard 21 screening, Miller Industries, Inc. (MLR) is rated Halal with a compliance grade of A+ (Excellent). 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 Miller Industries, Inc. get a A+ compliance rating?

Miller Industries, Inc. (MLR) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.5% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 0.06% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

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

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

Miller Industries, Inc. (MLR) 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.