Is MILLER INDUSTRIES INC /TN/ (MLR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.4% / 30% | 4.6% / 30% | 59.5% / 30% | 0.03% / 5% | ✗ NOT HALAL |
| DJIM | 12.4% / 33% | 4.6% / 33% | 59.5% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| MSCI | 9.8% / 33% | 3.6% / 33% | 47.0% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| S&P | 12.4% / 33% | 4.6% / 33% | 59.5% / 33% | 0.03% / 5% | ✗ NOT HALAL |
| FTSE | 9.8% / 33% | 3.6% / 33% | 47.0% / 50% | 0.03% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.2% | |
| Operating Margin | 2.7% | |
| Net Margin | 2.9% | |
| Return on Equity (ROE) | 5.6% | |
| Return on Assets (ROA) | 3.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $99M |
| Free Cash Flow | $85M |
| Total Debt | $34M |
| Debt-to-Equity | 8.0 |
| Current Ratio | 3.2 |
| Total Assets | $590M |
Price & Trading
| Last Close | $44.92 |
| 50-Day MA | $43.22 |
| 200-Day MA | $41.38 |
| Avg Volume | 69K |
| Beta | 1.2 |
|
52-Week Range
$33.81
| |
About MILLER INDUSTRIES INC /TN/ (MLR)
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. It provides wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment. The company also offers transport trailers for moving multiple vehicles for auto auctions, car dealerships, leasing companies, and other similar operations. It markets its products under the Century, Vulcan, Chevron, Holmes, Challenger, Champion, Jige, Boniface, Omars, Titan, and Eagle brand names. The company sells its products through independent distributors in North America, and Canada, Mexico; and through prime contractors to governmental entities. Miller Industries, Inc. was founded in 1990 and is headquartered in Ooltewah, Tennessee.
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Frequently Asked Questions
Is MILLER INDUSTRIES INC /TN/ (MLR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MILLER INDUSTRIES INC /TN/ is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MILLER INDUSTRIES INC /TN/'s debt ratio?
MILLER INDUSTRIES INC /TN/'s debt ratio is 12.4% 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 9.8%.
What are MILLER INDUSTRIES INC /TN/'s key financial metrics?
MILLER INDUSTRIES INC /TN/ has a market capitalization of $517M, trailing P/E ratio of 22.8, and revenue of $790M. The company maintains a gross margin of 15.2% and a net margin of 2.9%. Return on equity stands at 5.6%.
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.