Is Allegion plc (ALLE) halal? Halal. Based on AAOIFI screening, Allegion plc passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (Grade: A).

Allegion plc

ALLE: Is Allegion plc Halal?

Halal

Allegion plc

NYSEIndustrialsUS

$134.87

+0.88%

Purify ~0.4% of income

About Allegion plc

Allegion plc operates as a worldwide provider, specializing in the manufacturing and sale of both mechanical and electronic security goods and comprehensive solutions. Their diverse product offering encompasses essential security hardware such as door closers, various controls, and emergency exit devices; a wide range of locks, including locksets, portable locks, and integrated key systems with accompanying services; advanced electronic security technologies and access control platforms; systems designed for time and attendance management, and enhancing workforce efficiency; complete door systems; and numerous related accessories. Allegion supplies these sophisticated products and solutions to a broad spectrum of end-users within commercial, institutional, and residential settings. This includes clients in the education, healthcare, government, hospitality, and commercial office sectors, as well as those in single and multi-family residential markets, all under recognized brand names like CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin. Distribution of their portfolio is managed through a variety of channels, including specialized distribution networks, e-commerce platforms, and wholesale partners. Retail sales are facilitated via diverse outlets, ranging from large do-it-yourself home improvement centers and online marketplaces to smaller, specialized showroom locations. Allegion plc was established in 2013 and maintains its corporate headquarters in Dublin, Ireland.

Sector: Industrials 路 Industry: Security & Protection Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A

Very Good

Strong compliance across all metrics

80Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap17.1% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: Q1 2026Source: FMP

Purify Your ALLE Dividends

0.4% non-compliant income

ALLE has 0.4% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

11.6B

Price

$134.87

Sector

Industrials

Industry

Security & Protection Services

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Frequently Asked Questions

Is Allegion plc (ALLE) halal to invest in?
Based on AAOIFI Standard 21 screening, Allegion plc (ALLE) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Allegion plc get a A compliance rating?
Allegion plc (ALLE) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 17.1% (limit 30%); interest-bearing deposits of 4.3% (limit 30%); prohibited income of 0.42% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Allegion plc's Shariah verdict?
Allegion plc's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Allegion plc re-screened for Shariah compliance?
Allegion plc (ALLE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.