Shariah compliance overview
HalalMassimo Group Common Stock (MAMO) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
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.
Massimo Group Common Stock (MAMO) operates in the Consumer Cyclical sector, in the Auto - Recreational Vehicles industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.07% (limit 5%), interest-bearing debt is 1.82% (limit 30%) and interest-bearing securities and assets are 5.21% (limit 30%).
If you hold MAMO, give 0.07% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.07%Limit 5%Pass
- Interest-bearing debt
- 1.82%Limit 30%Pass
- Interest-bearing securities and assets
- 5.21%Limit 30%Pass
- Dividend purification
- 0.07%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 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 Massimo Group Common Stock (MAMO). Current Akinda screening label: Halal.
