What is Allegiant Travel Company's Shariah compliance score?

Allegiant Travel Company's (ALGT) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Allegiant Travel Company pass AAOIFI screening?

Allegiant Travel Company (ALGT) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ALGT: 97.2%), (3) interest-bearing deposits below 30% (ALGT: 43.7%), and (4) prohibited income below 5% (ALGT: 1.9%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Allegiant Travel Company stock?

Allegiant Travel Company (ALGT) has a non-permissible income ratio of 1.94%. Muslim investors should purify this percentage of any dividends received and capital gains realized from ALGT shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Allegiant Travel Company for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Allegiant Travel Company (ALGT) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ALGT's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ALGT: Is Allegiant Travel Company Halal?

Allegiant Travel Company

NASDAQIndustrialsUS

$100.90

-4.28%

Market Cap: 1.8B

Compliance Status

Not Halal

Screened on Jul 20, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Allegiant Travel Company (ALGT) halal? Not Halal. Based on AAOIFI screening, Allegiant Travel Company passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

97.2% of 30.0% limit

What this means for you

Most scholars advise not holding ALGT

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Allegiant Travel Company

Allegiant Travel Company, founded in 1997 and headquartered in Las Vegas, Nevada, operates as a leisure travel provider primarily catering to residents in smaller, under-served cities across the United States. The company specializes in offering direct, infrequent flights connecting these communities to popular vacation destinations. As of February 14, 2022, its aviation operations utilized a fleet of 110 Airbus A320 series airplanes. Beyond core airfare, Allegiant generates revenue from a variety of ancillary air-related offerings, including checked baggage charges, preferred seating, travel insurance, expedited boarding, service fees, onboard refreshments, and support for bookings via its call center. The company further broadens its services by providing third-party travel arrangements such as hotel accommodations and ground transport options, including car rentals and hotel shuttle services. Additionally, Allegiant engages in fixed-fee air transportation contracts and offers both regular and on-demand charter flights. Uniquely, its business portfolio also encompasses the operation of a golf course.

Sector: Industrials · Industry: Airlines, Airports & Air Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 20, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: Q1 2026Data source: EDGAR

Halal Alternatives in Industrials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

PHOEA+

Phoenix Asia Holdings Limited Ordinary Shares

$17.80

+1.37%

FASTA+

Fastenal Company

$45.49

+0.30%

ODFLA+

Old Dominion Freight Line, Inc.

$233.84

-0.43%

SAIAA+

Saia, Inc.

$467.89

-6.83%

ADURA+

Aduro Clean Technologies Inc.

$13.86

-1.56%

More Industrials Stocks

GE Aerospace

A+

CAT

Caterpillar Inc.

RTX

RTX Corporation

UNP

Union Pacific Corporation

HON

Honeywell International Inc.

UPS

United Parcel Service, Inc.

B+

Free · No credit card required

Track ALGT and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Allegiant Travel Company (ALGT) halal to invest in?

Allegiant Travel Company (ALGT) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Allegiant Travel Company get a F compliance rating?

Allegiant Travel Company (ALGT) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 97.2% (limit 30%); interest-bearing deposits of 43.7% (limit 30%); prohibited income of 1.94% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Allegiant Travel Company's Shariah verdict?

Allegiant Travel Company's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Allegiant Travel Company re-screened for Shariah compliance?

Allegiant Travel Company (ALGT) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 20, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.