
Is Toro (TTC) stock Halal?
September 2026 AAOIFI screening result for The Toro Co. (TTC): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 100%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Toro is a prominent manufacturer specializing in lawn maintenance, landscape, and irrigation equipment. As a key player in the industrial sector, Toro's primary function is to provide innovative solutions for both residential and commercial landscapes, golf courses, and sports fields. Known for its durable and efficient products, the company offers a broad range of machinery, including lawnmowers, snow blowers, and drip irrigation systems, addressing both consumer and professional needs. Before any of that matters to a Muslim investor, one question comes first: is Toro stock Halal?
Is Toro Shariah compliant?
Industrial businesses like Toro usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Toro pass the business activity test?
Yes. In the September 2026 screening Toro holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Toro's income Halal?
Yes, within AAOIFI's tolerance. Toro's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of TTC what share of each dividend to keep and what remainder to donate to charity.
Does Toro meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has TTC re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



