What is Legacy Housing Corporation's Shariah compliance score?

Legacy Housing Corporation (LEGH) has a Shariah compliance score of 92/100 (Grade: A+, Excellent) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Legacy Housing Corporation pass AAOIFI screening?

Legacy Housing Corporation (LEGH) passes 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% (LEGH: 0.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Legacy Housing Corporation stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Legacy Housing Corporation (LEGH) using the latest financial data.

Where can I screen Legacy Housing Corporation for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Legacy Housing Corporation (LEGH) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about LEGH's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LEGH: Is Legacy Housing Corporation Halal?

Legacy Housing Corporation

NASDAQConsumer CyclicalUS

$28.13

-0.74%

Market Cap: 669.0M

Compliance Status

Halal

Screened on Sep 1, 2026 · AAOIFI Standard 21

A+

Excellent

92Score

Is Legacy Housing Corporation (LEGH) halal? Halal. Based on AAOIFI screening, Legacy Housing Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 92/100 (Grade: A+).

Quote this verdict

HalalScreener rates Legacy Housing Corporation (LEGH) Halal, 92/100, grade A+ under AAOIFI Standard 21, screened Sep 1, 2026. Source: https://halalscreener.app/en/stock/LEGH

AvoidBorderlineClean

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%.

0.4% of 30.0% limit

What this means for you

You can own LEGH

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

Purification amount is Pro

We have screened LEGH's prohibited income, but the exact share you would need to purify is part of Pro.

About Legacy Housing Corporation

Founded in Bedford, Texas, in 2005, Legacy Housing Corporation specializes in the construction, sale, and financing of manufactured homes and compact living units, primarily serving the southern United States. The company not only manufactures and arranges transportation for its modular residences but also provides a comprehensive suite of financial services. These offerings include wholesale funding for independent dealers and mobile home park operators, inventory financing for retailers, and direct consumer loans for purchasing their products. Legacy Housing further extends credit to owners of manufactured housing communities who acquire their homes for rental purposes, and is actively involved in developing and financing new communities. Their diverse product range features homes spanning one to five bedrooms with one to three-and-a-half bathrooms. Branded as "Legacy" homes, these units are distributed through a robust network of 176 independent and 13 company-owned retail outlets, alongside direct sales to manufactured home community proprietors across 15 U.S. states.

Sector: Consumer Cyclical · Industry: Residential Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 1, 2026

Compliance History

Halalnow
since Jun 2026
Not Halal
until the change above
Halal
until the change above

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

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Legacy Housing Corporation (LEGH) halal to invest in?

Based on AAOIFI Standard 21 screening, Legacy Housing Corporation (LEGH) 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 Legacy Housing Corporation get a A+ compliance rating?

Legacy Housing Corporation (LEGH) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Legacy Housing Corporation's Shariah verdict?

Legacy Housing Corporation'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 Legacy Housing Corporation re-screened for Shariah compliance?

Legacy Housing Corporation (LEGH) 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: Sep 1, 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.