Armstrong World Industries, Inc.

AWI: Is Armstrong World Industries, Inc. Halal?

Armstrong World Industries, Inc.

NYSEIndustrialsUS

$158.56

+0.26%

Market Cap: 6.8B

Compliance Status

Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

A+

Excellent

94Score

Is Armstrong World Industries, Inc. (AWI) halal? Halal. Based on AAOIFI screening, Armstrong World Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

5.8% of 30.0% limit

What this means for you

You can own AWI

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

No purification owed

Based on the latest screening, none of its income comes from prohibited sources.

About Armstrong World Industries, Inc.

Armstrong World Industries, Inc. (AWI) specializes in the design, manufacturing, and distribution of diverse ceiling systems, primarily catering to the construction and renovation needs of residential and commercial properties across the United States, Canada, and Latin America. The company operates through two main divisions: Mineral Fiber and Architectural Specialties. AWI's extensive product portfolio includes suspended ceilings made from mineral fiber, soft fiber, fiberglass wool, and metal, as well as ceiling and wall solutions crafted from wood, wood fiber, glass-reinforced-gypsum, and felt. They also provide crucial ceiling components such as perimeters, trims, and grid systems for drywall installations, in addition to commercial-grade ceilings and walls, acoustical control products, exterior facades, and room partitions. AWI sells its commercial ceiling and architectural specialty products to resale distributors and professional ceiling system contractors, while its residential offerings are distributed via wholesalers and prominent retailers, including large home improvement centers. The company was founded in 1891 and maintains its headquarters in Lancaster, Pennsylvania.

Sector: Industrials · Industry: Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

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
Free · No credit card required

Track AWI 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.

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Armstrong World Industries, Inc. (AWI) halal to invest in?
Based on AAOIFI Standard 21 screening, Armstrong World Industries, Inc. (AWI) is rated Halal with a compliance grade of A+ (Excellent). 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 Armstrong World Industries, Inc. get a A+ compliance rating?
Armstrong World Industries, Inc. (AWI) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.8% (limit 30%); interest-bearing deposits of 1.6% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Armstrong World Industries, Inc.'s Shariah verdict?
Armstrong World Industries, Inc.'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 Armstrong World Industries, Inc. re-screened for Shariah compliance?
Armstrong World Industries, Inc. (AWI) 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 17, 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.