Is Allegion plc (ALLE) Halal?

NYSE Industrials Ireland $12.4B
✓ HALAL
Confidence: 95/100
Allegion plc (ALLE) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 15.3% against the AAOIFI threshold of 30%, Allegion plc comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Security & Protection Services), 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 15.3%
/ 30%
2.7%
/ 30%
3.6%
/ 30%
0.3%
/ 5%
✓ HALAL
DJIM 15.3%
/ 33%
2.7%
/ 33%
3.6%
/ 33%
0.3%
/ 5%
✓ HALAL
MSCI 37.9%
/ 33%
6.8%
/ 33%
9.0%
/ 33%
0.3%
/ 5%
✗ NOT HALAL
S&P 15.3%
/ 33%
2.7%
/ 33%
3.6%
/ 33%
0.3%
/ 5%
✓ HALAL
FTSE 37.9%
/ 33%
6.8%
/ 33%
9.0%
/ 50%
0.3%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
19.4
Forward: 15.2
EPS
$7.44
Dividend Yield
144.0%
Payout: 27.4%
P/B Ratio
6.0
EV/EBITDA
14.2
EV: $14.2B
Revenue
$4.1B
Growth: 9.3%
Beta
1.0
Average volatility
Current Ratio
1.8

Profitability

Gross Margin 45.2%
Operating Margin 21.4%
Net Margin 15.8%
Return on Equity (ROE) 36.1%
Return on Assets (ROA) 11.2%

Cash Flow & Balance Sheet

Operating Cash Flow$784M
Free Cash Flow$686M
Total Debt$2.0B
Debt-to-Equity104.0
Current Ratio1.8
Total Assets$5.2B

Price & Trading

Last Close$145.79
50-Day MA$159.69
200-Day MA$162.48
Avg Volume868K
Beta1.0
52-Week Range
$116.57
$183.11

About Allegion plc (ALLE)

CEO
Mr. John H. Stone
Employees
13,300
Sector
Industrials
Industry
Security & Protection Services
Country
Ireland
Exchange
NYSE
Market Cap
$12.4B
Currency
USD

Allegion plc engages in the provision of security products and solutions worldwide. It is operating through two segments: Allegion Americas and Allegion International. The company offers door controls, door control system, and exit devices; doors, glass and door systems, and accessories; electronic security products and access control systems, including time, attendance, and workforce productivity; and locks, locksets, portable locks, and key systems. It also provides services and software, such as inspection, maintenance, and repair services for its automatic entrance solutions; software as a service, including access control, platform integration, and workforce management solutions; and ongoing aftermarket services, and design and installation offerings. In addition, the company sells its products and solutions to end-users in commercial, institutional, and residential facilities, including education, healthcare, government, hospitality, retail, commercial office, and single and multi-family residential markets under the CISA, Interflex, LCN, Schlage, SimonsVoss, and Von Duprin brands. It sells its products and solutions through distribution and retail channels, such as specialty distribution, e-commerce, and wholesalers, as well as through various retail channels comprising do-it-yourself home improvement centers, online and e-commerce platforms, and small specialty showroom outlets. Allegion plc was incorporated in 2013 and is based in Dublin, Ireland.

Purification Calculator

As a halal stock with 0.30% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Allegion plc (ALLE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Allegion plc 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 Allegion plc's debt ratio?

Allegion plc's debt ratio is 15.3% 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 37.9%.

Does Allegion plc require dividend purification?

Yes, Allegion plc has an impermissible income ratio of 0.30%, which means 0.30% 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 Allegion plc's key financial metrics?

Allegion plc has a market capitalization of $12.4B, trailing P/E ratio of 19.4, and revenue of $4.1B. The company maintains a gross margin of 45.2% and a net margin of 15.8%. Return on equity stands at 36.1%.

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.