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Shariah compliance overview

Not Halal

Alico, Inc. (ALCO) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Alico, Inc.

Alico, Inc., along with its affiliated entities, functions as a prominent agribusiness and land management enterprise primarily within the United States. The company's operations are strategically divided into two core segments: Alico Citrus, and Land Management and Other Operations.

Alico, Inc. (ALCO) operates in the Consumer Defensive sector, in the Agricultural Farm Products industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt.

Business Activity
1.77%Limit 5%Pass
Interest-bearing debt
13611.20%Limit 30%Fail
Interest-bearing securities and assets
15.84%Limit 30%Pass
Dividend purification
1.77%Share of dividends to give to charityPurification calculator

Last updated: Oct 22, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Alico, Inc. (ALCO). Current Akinda screening label: Not Halal.