Compliance Status
Not Halal
Screened on Oct 14, 2026 · AAOIFI Standard 21
Non-Compliant
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).
Quote this verdict
HalalScreener rates Allegiant Travel Company (ALGT) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 14, 2026. Source: https://halalscreener.app/en/stock/ALGT
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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
ALGT: Is Allegiant Travel Company Halal?
Allegiant Travel Company
$66.98
Market Cap: 1.8B
Get an email if ALGT's halal status changes
We re-screen Allegiant Travel Company daily. If the verdict moves, you hear about it the same day.
Free. One click sets it up, and you can unsubscribe any time.
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
Why this does not pass
- Interest-bearing debt is 143.0% of market cap, over the 30% AAOIFI limit.
- Interest-bearing deposits are over the 30% limit.
Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.
Shariah Compliance Status
See which ratio caused the failure.
See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.
AI Compliance Insight
PROInstitutional-grade Shariah analysis
See why ALGT is rated Not Halal with institutional-grade analysis
The verdict above is final and free.
Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.
Screened according to AAOIFI Standard 21
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.
Halal Alternatives in Industrials
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
More Industrials Stocks
Know the day ALGT's verdict changes
A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.
Frequently Asked Questions
Is Allegiant Travel Company (ALGT) halal to invest in?
Why did Allegiant Travel Company get a F compliance rating?
What could change Allegiant Travel Company's Shariah verdict?
How often is Allegiant Travel Company re-screened for Shariah compliance?
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.