Is MAMO halal?
Massimo Group
Halal
Massimo Group passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
0.9260
Day
-0.43%
Market cap
$38.7M
Industry
Recreational Vehicles
Sector
Consumer Cyclical
What the company does
Massimo Group makes off-road vehicles (UTVs/ATVs), electric golf carts and pontoon boats, sold through Tractor Supply, Lowe's and dealers.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $2.15M ÷ 36-month average market cap $107.52M = 2.0%
2.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $4.64M ÷ 36-month average market cap $107.52M = 4.3%
4.3%
Pass
Non-compliant income / total revenue
limit 5%
—
No data
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $38.73M.
For information (AAOIFI 3/1 note): cash + receivables are 24.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1312 of 1454
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 15 August 2026. Conclusion:
Massimo Group — yo'ldan tashqari transport vositalari (UTV/ATV). Alkogol/qimor yo'q
Halal stocks in the same industry
The largest halal stocks in Recreational Vehicles — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.