Is LGN halal?
Legence Corp.
Halal
Legence Corp. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
43.53
Day
-3.91%
Market cap
$7.14B
Industry
Engineering & Construction
Sector
Industrials
What the company does
Legence (IPO 2025) is an engineering and energy-efficiency contractor for buildings: designing, installing and servicing mechanical/electrical systems in data centers, chip fabs and hospitals. Its money comes from construction and service contracts.
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 $1.03B ÷ current market cap $7.14B = 14.5%
14.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $291.98M ÷ current market cap $7.14B = 4.1%
4.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $4.49M ÷ annual revenue $2.55B (2025) = 0.2%
0.2%
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.
For information (AAOIFI 3/1 note): cash + receivables are 42.6% 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
- Not in the S&P 500
- Among halal stocks
- 0.01% · #491 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Engineering & Construction — 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.