Is ARMSTRONG WORLD INDUSTRIES INC (AWI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 6.8% / 30% | 1.6% / 30% | 1.8% / 30% | 0.15% / 5% | ✓ HALAL |
| DJIM | 6.8% / 33% | 1.6% / 33% | 1.8% / 33% | 0.15% / 5% | ✓ HALAL |
| MSCI | 25.7% / 33% | 5.9% / 33% | 6.8% / 33% | 0.15% / 5% | ✓ HALAL |
| S&P | 6.8% / 33% | 1.6% / 33% | 1.8% / 33% | 0.15% / 5% | ✓ HALAL |
| FTSE | 25.7% / 33% | 5.9% / 33% | 6.8% / 50% | 0.15% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 40.6% | |
| Operating Margin | 17.4% | |
| Net Margin | 19.0% | |
| Return on Equity (ROE) | 37.2% | |
| Return on Assets (ROA) | 10.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $356M |
| Free Cash Flow | $246M |
| Total Debt | $494M |
| Debt-to-Equity | 55.1 |
| Current Ratio | 1.5 |
| Total Assets | $1.9B |
Price & Trading
| Last Close | $164.97 |
| 50-Day MA | $181.12 |
| 200-Day MA | $184.84 |
| Avg Volume | 565K |
| Beta | 1.3 |
|
52-Week Range
$122.37
| |
About ARMSTRONG WORLD INDUSTRIES INC (AWI)
Armstrong World Industries, Inc., together with its subsidiaries, engages in the design, manufacture, and sale of ceiling and wall solutions in the Americas. It operates through Mineral Fiber and Architectural Specialties segments. The company offers mineral fiber, fiberglass, metal, wood, felt, architectural resin and glass, wood fiber, and glass-reinforced-gypsum; and ceiling component products, such as ceiling perimeters and trims, as well as grid products that support drywall ceiling systems. It also designs, produces, and sources specialty ceilings, walls, and other interior and exterior architectural applications primarily for use in commercial settings; and manufactures ceiling suspension system (grid) products. It serves commercial and residential construction markets, as well as renovation of existing buildings sectors. The company sells its products to resale distributors, ceiling system contractors, wholesalers, and retailers comprising large home centers. Armstrong World Industries, Inc. was founded in 1860 and is headquartered in Lancaster, Pennsylvania.
Purification Calculator
As a halal stock with 0.15% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is ARMSTRONG WORLD INDUSTRIES INC (AWI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ARMSTRONG WORLD INDUSTRIES 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 ARMSTRONG WORLD INDUSTRIES INC's debt ratio?
ARMSTRONG WORLD INDUSTRIES INC's debt ratio is 6.8% 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 25.7%.
Does ARMSTRONG WORLD INDUSTRIES INC require dividend purification?
Yes, ARMSTRONG WORLD INDUSTRIES INC has an impermissible income ratio of 0.15%, which means 0.15% 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 ARMSTRONG WORLD INDUSTRIES INC's key financial metrics?
ARMSTRONG WORLD INDUSTRIES INC has a market capitalization of $7.0B, trailing P/E ratio of 22.9, and revenue of $1.6B. The company maintains a gross margin of 40.6% and a net margin of 19.0%. Return on equity stands at 37.2%.
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.