Back to home
TRMB logo

Is TRMB (Trimble Inc.) Halal or Haram?

NASDAQ Global SelectTechnologyHardware, Equipment & Parts$15.47B2026-04-29
TRMB is Halal4/4 screens passed

Trimble Inc. comfortably passes all AAOIFI Shariah screening criteria, making it a Halal stock for Muslim investors. The company's financial health is excellent from an Islamic perspective, featuring a very low debt-to-market cap ratio of 9.0% and zero interest income relative to revenue. Its core business in construction and infrastructure technology remains entirely permissible.

Price Chart (5D)

$68.42+1.29 (+1.92%)
2026-05-012026-04-24

TRMB — Last 7 Days

DateOpenHighLowCloseVolumeChange
2026-05-0168.5768.9066.7668.422.0M-0.22%
2026-04-3066.1867.3965.6467.321.7M+1.72%
2026-04-2966.2066.5465.8366.281.3M+0.12%
2026-04-2867.3067.9866.4766.641.7M-0.98%
2026-04-2767.2367.9066.4967.171.6M-0.09%
2026-04-2467.2967.5766.5867.351.3M+0.09%
2026-04-2368.0268.2965.8467.041.5M-1.44%

Discussion

Sign in to join the discussion

Loading comments...

Shariah Screening Details for TRMB

Business Activity

Permissible

Trimble's business of providing hardware and software solutions for construction, 3D modeling, and asset management is permissible under Islamic principles as it serves legitimate, non-prohibited industries.

Debt / Market Cap

9.00%

Debt: $1.39BThreshold: ≤33%

Interest Income

0.00%

Interest: $0Threshold: ≤5%

Cash & Securities

1.64%

Cash: $253.4MThreshold: ≤33%

About Trimble Inc. (TRMB)

Trimble Inc. is a global technology company specializing in hardware and software solutions for the construction, agriculture, and transportation sectors. Its core offerings include 3D conceptual design software, building information modeling (BIM), and systems that guide and control heavy construction equipment.

For Muslim investors, TRMB represents a strong Halal investment opportunity within the technology sector. The stock successfully passes all four AAOIFI Shariah screens, meaning its business operations and financial structures align perfectly with Islamic financial principles.

From an Islamic finance perspective, Trimble's balance sheet is exceptionally clean. The company maintains a remarkably low debt-to-market capitalization ratio of just 9.0%, well below the 33% threshold, and generates zero interest income, ensuring investors are not exposed to prohibited riba.

Since there is no significant scholarly debate regarding construction and infrastructure software, the primary focus for Islamic investors should be monitoring the company's future acquisitions. Investors should periodically verify that Trimble's debt levels remain compliant as the company expands its technological footprint.

CEO

Robert G. Painter

Employees

12,100

IPO Date

1990-07-20

Headquarters

Westminster, CO, US

TRMB Key Financial Statistics

Revenue

$3.59B

Net Income

$424.0M

EPS (Diluted)

$1.75

Stock Price

66.64

Beta

1.54

52-Week Range

60.18-87.5

Total Debt

$1.39B

Total Equity

$5.84B

Current Ratio

1.09

TRMB Financial Health & Profitability

Profit Margins

Gross Margin68.3%
Operating Margin16.9%
Net Margin11.8%

Revenue Growth (YoY)

-2.6%

Prior year: $3.68B

Net Debt

$1.14B

Cash: $253.4M — Debt: $1.39B

R&D Spending

$630.7M

% of Revenue

17.6%

Frequently Asked Questions About TRMB

Is TRMB (Trimble Inc.) stock halal to invest in?
Based on our AAOIFI-standard shariah screening, TRMB is Halal and considered permissible for Muslim investors. It passed all 4 of 4 compliance screens including business activity review, debt-to-market-cap ratio (9.00% vs ≤33% threshold), interest income ratio (0.00% vs ≤5% threshold), and cash & securities ratio (1.64% vs ≤33% threshold).
What does Trimble Inc. do?
Trimble Inc. is a global technology company specializing in hardware and software solutions for the construction, agriculture, and transportation sectors. Its core offerings include 3D conceptual design software, building information modeling (BIM), and systems that guide and control heavy construction equipment. For Muslim investors, TRMB represents a strong Halal investment opportunity within the technology sector. The stock successfully passes all four AAOIFI Shariah screens, meaning its business operations and financial structures align perfectly with Islamic financial principles. From an Islamic finance perspective, Trimble's balance sheet is exceptionally clean. The company maintains a remarkably low debt-to-market capitalization ratio of just 9.0%, well below the 33% threshold, and generates zero interest income, ensuring investors are not exposed to prohibited riba. Since there is no significant scholarly debate regarding construction and infrastructure software, the primary focus for Islamic investors should be monitoring the company's future acquisitions. Investors should periodically verify that Trimble's debt levels remain compliant as the company expands its technological footprint. Trimble Inc. operates in the Technology sector under the Hardware, Equipment & Parts industry and is headquartered in Westminster, CO, US. The company is led by CEO Robert G. Painter and employs approximately 12,100 people.
What screening criteria were used for TRMB?
TRMB was screened using AAOIFI-based shariah compliance criteria. Four tests are applied: (1) Business Activity — the company's core business must not derive primary income from haram (prohibited) activities such as alcohol, gambling, tobacco, or interest-based finance. (2) Debt-to-Market-Cap — total debt must not exceed 33% of market capitalization. (3) Interest Income — interest income must not exceed 5% of total revenue. (4) Cash & Securities — cash and interest-bearing securities must not exceed 33% of market cap. TRMB passed 4 of these 4 screens.
Does TRMB require income purification?
TRMB has negligible interest income, so purification may not be necessary. However, it is always advisable to consult a qualified scholar regarding your specific investment situation.
When was TRMB last screened?
TRMB was last screened on 2026-04-29. Shariah compliance status can change as companies report new financial data, acquire new businesses, or shift revenue streams. We recommend checking back periodically for the most up-to-date screening results.

Disclaimer

This shariah compliance assessment for TRMB (Trimble Inc.) is provided for informational purposes only and does not constitute financial, investment, or religious advice. Screening criteria are based on widely accepted AAOIFI standards, but individual scholars may differ in their opinions. Always consult with a qualified Islamic scholar and licensed financial advisor before making investment decisions. Past screening status does not guarantee future compliance. Last screened: 2026-04-29.

Other Halal Stocks in Technology