Is ASGN Incorporated (ASGN) halal? Not Halal. Based on AAOIFI screening, ASGN Incorporated passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

ASGN Incorporated

ASGN: Is ASGN Incorporated Halal?

Not Halal

ASGN Incorporated

NYSETechnologyUS

$20.96

+10.49%

About ASGN Incorporated

ASGN Incorporated is a U.S.-based professional services company specializing in information technology, digital, and creative solutions for both commercial and government clients. Its operations are divided into two primary segments: 1. Commercial Segment: This division delivers consulting, creative digital marketing, and permanent staffing solutions, primarily serving Fortune 1000 corporations and mid-sized businesses. It also provides expertise in workforce mobilization, modern enterprise strategies, digital innovation IT consulting, and advanced solutions encompassing cloud, data analytics, and digital transformation. 2. Federal Government Segment: Focused on delivering crucial, mission-critical solutions to the Department of Defense, intelligence agencies, and other civilian government bodies. Its extensive offerings include cloud services, cybersecurity, artificial intelligence, machine learning, application and IT modernization, and specialized science and engineering solutions. Founded in 1985, the company was originally known as On Assignment, Inc. before rebranding to ASGN Incorporated in April 2018. ASGN's corporate headquarters are located in Glen Allen, Virginia.

Sector: Technology 路 Industry: Information Technology Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026
F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap130.7% / 30.0%

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 12, 2026Fiscal: FY 2025Source: FMP

Financial Overview

Market Cap

895.0M

Price

$20.96

Sector

Technology

Industry

Information Technology Services

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Frequently Asked Questions

Is ASGN Incorporated (ASGN) halal to invest in?
ASGN Incorporated (ASGN) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did ASGN Incorporated get a F compliance rating?
ASGN Incorporated (ASGN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 130.7% (limit 30%); interest-bearing deposits of 11.4% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ASGN Incorporated's Shariah verdict?
ASGN Incorporated'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 ASGN Incorporated re-screened for Shariah compliance?
ASGN Incorporated (ASGN) 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 12, 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.