What is Legence Corp. Class A Common stock's Shariah compliance score?

Legence Corp. Class A Common stock (LGN) has a Shariah compliance score of 81/100 (Grade: A, Very Good). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Legence Corp. Class A Common stock pass AAOIFI screening?

Legence Corp. Class A Common stock (LGN) passes AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. LGN's debt-to-market-cap is 16.6%.

How much purification is needed for Legence Corp. Class A Common 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 percentage and amount for Legence Corp. Class A Common stock (LGN) using the latest financial data.

Where can I screen Legence Corp. Class A Common stock for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Legence Corp. Class A Common stock (LGN) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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Compliance Status

Halal

Screened on Oct 16, 2026 · AAOIFI Standard 21

Very Good

81Score

Is Legence Corp. Class A Common stock (LGN) halal? Halal. Based on AAOIFI screening, Legence Corp. Class A Common stock passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 81/100 (Grade: A).

Quote this verdict

HalalScreener rates Legence Corp. Class A Common stock (LGN) Halal, 81/100, grade A under AAOIFI Standard 21, screened Oct 16, 2026. Source: https://halalscreener.app/en/stock/LGN

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

16.6% of 30.0% limit

PRO DETAIL

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.

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Screened according to AAOIFI Standard 21

What this means for you

You can own LGN

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

Purification amount is Pro

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

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LGN: Is Legence Corp. Class A Common stock Halal?

Legence Corp. Class A Common stock

NASDAQIndustrialsUS

$43.53

Market Cap: 6.0B

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About Legence Corp. Class A Common stock

Legence Corp., a company established in 1914 and based in San Jose, California, specializes in providing engineering, installation, and maintenance services for essential building systems throughout the United States. Its operations are structured into two key divisions: Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment focuses on designing HVAC and other mechanical, electrical, and plumbing (MEP) systems for various structures. It also develops strategies to improve energy efficiency and sustainability within buildings, while offering comprehensive program and project management for client installation and modernization initiatives. In contrast, the Installation & Maintenance segment is responsible for fabricating and integrating HVAC, process piping, and other MEP systems into both new and existing industrial, commercial, and institutional facilities, alongside delivering continuous preventative and corrective maintenance for these systems. Legence Corp. caters to a diverse range of industries, including data centers, semiconductor production, precision manufacturing, life sciences, healthcare, education, commercial real estate, and the public sector.

Sector: Industrials · Industry: Engineering & Construction

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 16, 2026

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Screened according to AAOIFI Standard 21

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: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is Legence Corp. Class A Common stock (LGN) halal to invest in?

Based on AAOIFI Standard 21 screening, Legence Corp. Class A Common stock (LGN) 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 Legence Corp. Class A Common stock get a A compliance rating?

Legence Corp. Class A Common stock (LGN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 16.6% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Legence Corp. Class A Common stock's Shariah verdict?

Legence Corp. Class A Common stock'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 Legence Corp. Class A Common stock re-screened for Shariah compliance?

Legence Corp. Class A Common stock (LGN) 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: Oct 16, 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.