Is ALLE halal?
Allegion plc
Halal
Allegion plc passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NYSE
Price
156.54
Day
+0.51%
Market cap
$12.90B
Industry
Security & Protection Services
Sector
Industrials
What the company does
Allegion (Ireland) makes door locks and access control: Schlage (home and building locks), Von Duprin (exit devices), LCN (door closers), Kryptonite (bike locks) and electronic access systems. Customers are builders and building owners.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $2.03B ÷ 36-month average market cap $12.21B = 16.6%
16.6%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $320.60M ÷ 36-month average market cap $12.21B = 2.6%
2.6%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $12.00M ÷ annual revenue $4.07B (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $12.90B.
For information (AAOIFI 3/1 note): cash + receivables are 16.4% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.02% weight · #448 of 503
- Among halal stocks
- 0.02% · #361 of 1454
- Held by funds
- SPUS 0.03%
- Dividend
- 1.38% · purify 0.3% · net 1.38%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 17 August 2026. Conclusion:
Allegion — qulf va kirish nazorati (47 brend: Schlage, Von Duprin, LCN, Kryptonite). Daromad tabiati bo'yicha: mexanik 66.7%, elektron 26.4%, xizmat/dasturiy 6.8%. QUROL YO'Q: 10-K dagi yagona 'defense' uchrashi — mahsulot nomi ('Von Duprin Outdoor Defense'). Harbiy mijoz bor, lekin ULUSHI HISOBGA OLINMAYDIGAN DARAJADA kichik: USAspending bo'yicha DoD $587K + VA $2.2M — umri davomida ~$3M, yillik daromad esa $4.07 mlrd. Sotilgani ham qurol emas, avtomatik eshik o'rnatish xizmati. O'q o'tkazmaydigan eshik — himoya to'sig'i, qurol emas. Foiz daromadi $12M (~0.3%)
Halal stocks in the same industry
The largest halal stocks in Security & Protection Services — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.