Is BOSTON OMAHA Corp (BOC) Halal?

NYSE Industrials United States $371M
✓ HALAL
Confidence: 95/100
BOSTON OMAHA Corp (BOC) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 24.9% against the AAOIFI threshold of 30%, BOSTON OMAHA Corp comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Conglomerates), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 24.9%
/ 30%
21.6%
/ 30%
3.1%
/ 30%
1.28%
/ 5%
✓ HALAL
DJIM 24.9%
/ 33%
21.6%
/ 33%
3.1%
/ 33%
1.28%
/ 5%
✓ HALAL
MSCI 13.7%
/ 33%
11.9%
/ 33%
1.7%
/ 33%
1.28%
/ 5%
✓ HALAL
S&P 24.9%
/ 33%
21.6%
/ 33%
3.1%
/ 33%
1.28%
/ 5%
✓ HALAL
FTSE 13.7%
/ 33%
11.9%
/ 33%
1.7%
/ 50%
1.28%
/ 5%
✓ HALAL

Financial Highlights

EPS
$-0.01
P/B Ratio
0.7
EV/EBITDA
19.4
EV: $408M
Revenue
$108M
Growth: 3.7%
Beta
0.7
Low volatility
Current Ratio
2.1

Profitability

Gross Margin 43.2%
Operating Margin -3.7%
Net Margin -0.2%
Return on Equity (ROE) -0.3%
Return on Assets (ROA) -0.3%

Cash Flow & Balance Sheet

Operating Cash Flow$21M
Free Cash Flow-$11M
Total Debt$100M
Debt-to-Equity19.2
Current Ratio2.1
Total Assets$728M

Price & Trading

Last Close$12.13
50-Day MA$12.33
200-Day MA$13.02
Avg Volume137K
Beta0.7
52-Week Range
$11.30
$15.75

About BOSTON OMAHA Corp (BOC)

CEO
Mr. Adam Kenneth Peterson
Employees
407
Sector
Industrials
Industry
Conglomerates
Country
United States
Exchange
NYSE
Market Cap
$371M
Currency
USD

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. The company is also involved in the surety insurance and related brokerage, broadband, and asset management businesses. Boston Omaha Corporation was founded in 2017 and is headquartered in Omaha, Nebraska.

Purification Calculator

As a halal stock with 1.28% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is BOSTON OMAHA Corp (BOC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), BOSTON OMAHA Corp is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is BOSTON OMAHA Corp's debt ratio?

BOSTON OMAHA Corp's debt ratio is 24.9% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 13.7%.

Does BOSTON OMAHA Corp require dividend purification?

Yes, BOSTON OMAHA Corp has an impermissible income ratio of 1.28%, which means 1.28% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are BOSTON OMAHA Corp's key financial metrics?

BOSTON OMAHA Corp has a market capitalization of $371M, and revenue of $108M. The company maintains a gross margin of 43.2% and a net margin of -0.2%. Return on equity stands at -0.3%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.