URI
United Rentals, Inc.
Is URI Halal?
Largest equipment rental company in North America — permissible industrial services business.
What You Should Know
United Rentals is the world's largest equipment rental company, with a fleet of construction, industrial, and specialty equipment serving construction, manufacturing, infrastructure, and energy customers across North America and Europe. The rental business is a halal ijara-style activity in form. United Rentals carries meaningful debt to finance its rental fleet — typical for the industry — but remains within Sharia thresholds at most screening boards thanks to a robust market capitalization. Rental fleet utilization and pricing power have driven strong free cash flow.
⚠️ Concerns
- •Fleet financing involves conventional debt — within thresholds but worth monitoring
- •Minor interest income
- •Cyclical exposure to construction and energy capex (financial rather than Sharia issue)
Similar Stocks
Want to screen more assets?
Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.
Go to Halal Checker →