Is Alignment Healthcare, Inc. (ALHC) Halal?

NASDAQ Healthcare United States $3.4B
✓ HALAL
Confidence: 95/100
Alignment Healthcare, Inc. (ALHC) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 8.7% against the AAOIFI threshold of 30%, Alignment Healthcare, Inc. comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Healthcare Plans), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.7%
/ 30%
12.5%
/ 30%
4.1%
/ 30%
0.11%
/ 5%
✓ HALAL
DJIM 8.7%
/ 33%
12.5%
/ 33%
4.1%
/ 33%
0.11%
/ 5%
✓ HALAL
MSCI 42.1%
/ 33%
60.2%
/ 33%
19.7%
/ 33%
0.11%
/ 5%
✗ NOT HALAL
S&P 8.7%
/ 33%
12.5%
/ 33%
4.1%
/ 33%
0.11%
/ 5%
✓ HALAL
FTSE 42.1%
/ 33%
60.2%
/ 33%
19.7%
/ 50%
0.11%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
inf
Forward: 23.6
EPS
$0.00
P/B Ratio
18.9
EV/EBITDA
67.7
EV: $3.1B
Revenue
$3.9B
Growth: 44.4%
Beta
1.2
Average volatility
Current Ratio
1.7

Profitability

Gross Margin 12.4%
Operating Margin -1.1%
Net Margin -0.0%
Return on Equity (ROE) -0.7%
Return on Assets (ROA) 1.1%

Cash Flow & Balance Sheet

Operating Cash Flow$140M
Free Cash Flow$113M
Total Debt$330M
Debt-to-Equity185.0
Current Ratio1.7
Total Assets$1.1B

Price & Trading

Last Close$16.91
50-Day MA$20.03
200-Day MA$17.38
Avg Volume3.0M
Beta1.2
52-Week Range
$11.62
$23.87

About Alignment Healthcare, Inc. (ALHC)

CEO
Mr. John E. Kao
Employees
1,849
Sector
Healthcare
Industry
Healthcare Plans
Country
United States
Exchange
NASDAQ
Market Cap
$3.4B
Currency
USD

Alignment Healthcare, Inc. operates a consumer-centric healthcare platform for seniors in the United States. It delivers customized healthcare experience to meet the needs of seniors through its Medicare Advantage plans. Alignment Healthcare, Inc. was founded in 2013 and is based in Orange, California.

Purification Calculator

As a halal stock with 0.11% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Alignment Healthcare, Inc. (ALHC) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Alignment Healthcare, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Alignment Healthcare, Inc.'s debt ratio?

Alignment Healthcare, Inc.'s debt ratio is 8.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 42.1%.

Does Alignment Healthcare, Inc. require dividend purification?

Yes, Alignment Healthcare, Inc. has an impermissible income ratio of 0.11%, which means 0.11% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are Alignment Healthcare, Inc.'s key financial metrics?

Alignment Healthcare, Inc. has a market capitalization of $3.4B, trailing P/E ratio of inf, and revenue of $3.9B. The company maintains a gross margin of 12.4% and a net margin of -0.0%. Return on equity stands at -0.7%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.