THO

What You Should Know

Thor Industries, Inc. is the world's largest manufacturer of recreational vehicles, producing towable and motorized RVs under brands such as Airstream, Jayco, and Keystone across North America and Europe. Manufacturing and selling recreational vehicles is a clearly permissible activity with no haram revenue line of its own. Thor grows partly through acquisitions and carries debt to fund them, so its total-debt-to-market-cap ratio is the primary screening item and should be confirmed against the 33% threshold using the latest filings; it has generally screened within range as the company pays down acquisition debt. A captive finance and dealer-floorplan arrangement exists, so any interest-based income should be checked against the 5% threshold and the corresponding portion of returns purified.