Is LINDSAY CORP (LNN) Halal?
Shariah Screening — 5 Standards
Based on financial data from August 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 9.9% / 30% | 18.3% / 30% | 8.2% / 30% | 1.14% / 5% | ✓ HALAL |
| DJIM | 9.9% / 33% | 18.3% / 33% | 8.2% / 33% | 1.14% / 5% | ✓ HALAL |
| MSCI | 16.2% / 33% | 29.8% / 33% | 13.4% / 33% | 1.14% / 5% | ✓ HALAL |
| S&P | 9.9% / 33% | 18.3% / 33% | 8.2% / 33% | 1.14% / 5% | ✓ HALAL |
| FTSE | 16.2% / 33% | 29.8% / 33% | 13.4% / 50% | 1.14% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 31.7% | |
| Operating Margin | 12.6% | |
| Net Margin | 11.0% | |
| Return on Equity (ROE) | 14.6% | |
| Return on Assets (ROA) | 6.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $133M |
| Free Cash Flow | $90M |
| Total Debt | $137M |
| Debt-to-Equity | 26.2 |
| Current Ratio | 3.4 |
| Total Assets | $841M |
Price & Trading
| Last Close | $120.51 |
| 50-Day MA | $127.84 |
| 200-Day MA | $129.50 |
| Avg Volume | 112K |
| Beta | 0.8 |
|
52-Week Range
$106.10
| |
About LINDSAY CORP (LNN)
Lindsay Corporation, together with its subsidiaries, provides water management and road infrastructure products and services in the United States and internationally. It operates through two segments, Irrigation and Infrastructure. The Irrigation segment manufactures and markets center pivot, lateral move irrigation systems, and irrigation controls under the Zimmatic brand; hose reel travelers under the Perrot brand; and chemical injection systems, variable rate irrigation systems, flow meters, weather stations, soil moisture sensors, and remote monitoring and control systems. It also offers repair and replacement parts for its irrigation systems and controls, and diameter steel tubing; global positioning system positioning and guidance, variable rate irrigation, wireless irrigation management, machine-to-machine communication technology solutions and mobile device applications; and irrigation scheduling technology solutions; and industrial Internet of Things technology solutions, data acquisition and management systems, and custom electronic equipment for applications under the Elecsys brand. The Infrastructure segment provides Road Zipper System comprised of T-shaped concrete and steel barriers, barrier transfer machine, and variable length barriers, which are used for highway reconstruction, paving and resurfacing, road widening, median and shoulder construction, and repairs to tunnels and bridges. This segment also offers redirective and non-redirective crash cushions, moveable barriers to enhance highway safety at locations such as toll booths, end terminals, road marking, freeway off-ramps, medians and roadside barrier ends, bridge supports, utility poles, and other fixed roadway hazards; specialty barriers; preformed tape and road safety accessory products, as well as rail products, such as signals and lights, structures, foundations, junction boxes, and signs. Lindsay Corporation was founded in 1955 and is headquartered in Omaha, Nebraska.
Purification Calculator
As a halal stock with 1.14% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is LINDSAY CORP (LNN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LINDSAY 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 LINDSAY CORP's debt ratio?
LINDSAY CORP's debt ratio is 9.9% 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 16.2%.
Does LINDSAY CORP require dividend purification?
Yes, LINDSAY CORP has an impermissible income ratio of 1.14%, which means 1.14% 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 LINDSAY CORP's key financial metrics?
LINDSAY CORP has a market capitalization of $1.2B, trailing P/E ratio of 17.4, and revenue of $676M. The company maintains a gross margin of 31.7% and a net margin of 11.0%. Return on equity stands at 14.6%.
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.