Is Legacy Housing Corp (LEGH) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.3% / 30% | 0.2% / 30% | 17.1% / 30% | 1.43% / 5% | ✓ HALAL |
| DJIM | 0.3% / 33% | 0.2% / 33% | 17.1% / 33% | 1.43% / 5% | ✓ HALAL |
| MSCI | 0.3% / 33% | 0.2% / 33% | 15.2% / 33% | 1.43% / 5% | ✓ HALAL |
| S&P | 0.3% / 33% | 0.2% / 33% | 17.1% / 33% | 1.43% / 5% | ✓ HALAL |
| FTSE | 0.3% / 33% | 0.2% / 33% | 15.2% / 50% | 1.43% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 47.4% | |
| Operating Margin | 26.9% | |
| Net Margin | 25.4% | |
| Return on Equity (ROE) | 8.2% | |
| Return on Assets (ROA) | 5.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $37M |
| Free Cash Flow | $28M |
| Total Debt | $3M |
| Debt-to-Equity | 0.5 |
| Current Ratio | 3.5 |
| Total Assets | $580M |
Price & Trading
| Last Close | $19.88 |
| 50-Day MA | $20.89 |
| 200-Day MA | $22.61 |
| Avg Volume | 110K |
| Beta | 0.7 |
|
52-Week Range
$18.29
| |
About Legacy Housing Corp (LEGH)
Legacy Housing Corporation engages in the building, sale, and financing of manufactured homes and tiny houses primarily in the southern United States. The company manufactures and provides for the transport of mobile homes, including 1 to 5 bedrooms with 1 to 3 1/2 bathrooms; and provides wholesale financing to dealers and mobile home parks, as well as retail financing to consumers. It also provides inventory financing for its independent retailers; consumer financing for its products; and financing to manufactured housing community owners that buy or lease its products for use in their rental housing communities. The company is involved in financing and developing new manufactured home communities. It markets its homes under the Legacy brand through a network of independent retailers and company-owned stores; and directly to manufactured home communities. The company was founded in 2005 and is headquartered in Bedford, Texas.
Purification Calculator
As a halal stock with 1.43% impermissible income, you need to purify your dividends.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is Legacy Housing Corp (LEGH) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Legacy Housing Corp 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 Legacy Housing Corp's debt ratio?
Legacy Housing Corp's debt ratio is 0.3% 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 0.3%.
Does Legacy Housing Corp require dividend purification?
Yes, Legacy Housing Corp has an impermissible income ratio of 1.43%, which means 1.43% 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 Legacy Housing Corp's key financial metrics?
Legacy Housing Corp has a market capitalization of $470M, trailing P/E ratio of 11.4, and revenue of $165M. The company maintains a gross margin of 47.4% and a net margin of 25.4%. Return on equity stands at 8.2%.
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.