Is Legence Corp. Class A Common stock (LGN) halal? Halal. Based on AAOIFI screening, Legence Corp. Class A Common stock passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 91/100 (Grade: A+).

Legence Corp. Class A Common stock

LGN: Is Legence Corp. Class A Common stock Halal?

Halal

Legence Corp. Class A Common stock

NASDAQIndustrialsUS

$85.04

+1.61%

Purify ~0.1% of income

About Legence Corp. Class A Common stock

Legence Corp., a company established in 1914 and based in San Jose, California, specializes in providing engineering, installation, and maintenance services for essential building systems throughout the United States. Its operations are structured into two key divisions: Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment focuses on designing HVAC and other mechanical, electrical, and plumbing (MEP) systems for various structures. It also develops strategies to improve energy efficiency and sustainability within buildings, while offering comprehensive program and project management for client installation and modernization initiatives. In contrast, the Installation & Maintenance segment is responsible for fabricating and integrating HVAC, process piping, and other MEP systems into both new and existing industrial, commercial, and institutional facilities, alongside delivering continuous preventative and corrective maintenance for these systems. Legence Corp. caters to a diverse range of industries, including data centers, semiconductor production, precision manufacturing, life sciences, healthcare, education, commercial real estate, and the public sector.

Sector: Industrials 路 Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 16, 2026
A+

Excellent

Exceptionally strong compliance

91Score

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 Cap7.9% / 30.0%

Compliance History

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 16, 2026Fiscal: Q1 2026Source: EDGAR

Purify Your LGN Dividends

0.1% non-compliant income

LGN has 0.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

10.3B

Price

$85.04

Sector

Industrials

Industry

Engineering & Construction

Free 路 No credit card required

Track LGN and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Legence Corp. Class A Common stock (LGN) halal to invest in?
Based on AAOIFI Standard 21 screening, Legence Corp. Class A Common stock (LGN) is rated Halal with a compliance grade of A+ (Excellent). 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 Legence Corp. Class A Common stock get a A+ compliance rating?
Legence Corp. Class A Common stock (LGN) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.9% (limit 30%); interest-bearing deposits of 2.2% (limit 30%); prohibited income of 0.15% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Legence Corp. Class A Common stock's Shariah verdict?
Legence Corp. Class A Common stock'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 Legence Corp. Class A Common stock re-screened for Shariah compliance?
Legence Corp. Class A Common stock (LGN) 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 16, 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.