Is ASSA ABLOY AB (publ) (ASAZY) halal? Halal. Based on AAOIFI screening, ASSA ABLOY AB (publ) passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 84/100 (Grade: A).

ASSA ABLOY AB (publ)

ASAZY: Is ASSA ABLOY AB (publ) Halal?

Halal

ASSA ABLOY AB (publ)

OTCIndustrialsSE

$17.48

+1.57%

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ), a company founded in 1954 and headquartered in Stockholm, Sweden, operates as a leading global provider of door opening products, integrated solutions, and related services. Its extensive market reach spans institutional, commercial, and residential sectors across Europe, the Middle East, Africa, North and South America, Asia, and Oceania. The company's comprehensive product offering includes a wide range of security hardware for doors, such as mechanical, electromechanical, and digital locks, as well as cylinders, door fittings, robust security and fire doors, door frames, and advanced access control devices. Beyond physical security, ASSA ABLOY specializes in identity solutions. These encompass identity and access management systems, biometric technologies, brand protection and authenticity products, contactless RFID tags and transponders, and government identification solutions. These services are delivered to various clients, including private corporations, government and state institutions, and key industries like healthcare, education, and finance. Additionally, the firm develops specialized secure access solutions tailored for hospitality environments such as hotels and cruise ships, along with student accommodations and elderly care facilities. Its expertise further extends to entrance automation, providing a variety of products, components, and services. This includes automatic swing, sliding, and revolving doors, industrial and garage doors, high-performance doors, docking solutions, hangar doors, gate automation systems, and high-security fencing and gates, alongside essential components for overhead sectional doors and sensors. ASSA ABLOY distributes its offerings primarily under its prominent brands: ASSA ABLOY, Yale, and HID. These products are made available to customers through a network of distributors, wholesalers, and home improvement retail outlets.

Sector: Industrials 路 Industry: Security & Protection Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
A

Very Good

Strong compliance across all metrics

84Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap18.1% / 30.0%

Compliance History

Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Screened: Jun 11, 2026Fiscal: FY 2025Source: FMP-ADR

Purify Your ASAZY Dividends

0.1% non-compliant income

ASAZY has 0.1% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

38.8B

Price

$17.48

Sector

Industrials

Industry

Security & Protection Services

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Frequently Asked Questions

Is ASSA ABLOY AB (publ) (ASAZY) halal to invest in?
Based on AAOIFI Standard 21 screening, ASSA ABLOY AB (publ) (ASAZY) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did ASSA ABLOY AB (publ) get a A compliance rating?
ASSA ABLOY AB (publ) (ASAZY) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 18.1% (limit 30%); interest-bearing deposits of 0.4% (limit 30%); prohibited income of 0.05% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ASSA ABLOY AB (publ)'s Shariah verdict?
ASSA ABLOY AB (publ)'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 ASSA ABLOY AB (publ) re-screened for Shariah compliance?
ASSA ABLOY AB (publ) (ASAZY) 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: Jun 11, 2026.

Screened according to AAOIFI Standard No. 21 路 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.