OSK

What You Should Know

Oshkosh Corporation designs and manufactures specialty vehicles and equipment — aerial work platforms and telehandlers (JLG), fire and emergency apparatus, refuse and airport products, defense tactical vehicles, and delivery vehicles. Manufacturing vehicles and equipment is a clearly permissible activity with no haram revenue line of its own. The main screening item is the balance sheet: Oshkosh carries moderate operating and acquisition debt, so its total-debt-to-market-cap ratio should be confirmed against the 33% threshold using the latest filings. As a manufacturer, the receivables ratio is worth checking, and incidental interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified.