Is Legrand S.A. (LGRDY) halal? Halal. Based on AAOIFI screening, Legrand S.A. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 74/100 (Grade: B+).

Legrand S.A.

LGRDY: Is Legrand S.A. Halal?

Halal

Legrand S.A.

OTCIndustrialsFR

$31.70

+1.50%

About Legrand S.A.

Legrand S.A., along with its global subsidiaries, specializes in providing electrical and digital infrastructure solutions for a diverse range of buildings worldwide. The company offers an extensive catalog of products, beginning with a comprehensive suite of circuit protection devices. This includes miniature circuit breakers (MCBs), residual current devices (RCDs), and molded case circuit breakers (MCCBs), as well as air circuit breakers (ACBs). Complementing these are various din rail components like RCBOs, add-on modules, surge protective devices, and other control and signaling equipment, such as time and light-sensitive switches, dimmers, relays, transformers, and power supplies. Beyond power protection, Legrand supplies a wide array of wiring accessories, including weatherproof options, alongside enclosures, busbar systems, and general installation equipment. For contemporary environments, they provide specialized solutions for home networking, advanced home automation, and hotel management systems. Their portfolio also covers critical building functions with products for lighting management, emergency lighting, access control, and general safety equipment. Additionally, Legrand delivers uninterruptible power supplies (UPS), local area network (LAN) cabling systems, and complete cable management solutions, including specific mosaic wiring accessories. These versatile products are integral to numerous settings, from residential homes and commercial establishments to large industrial facilities. Their applications extend to specific institutional environments such such as hotels, corporate offices, data centers, factories, retail outlets, hospitals, schools, and universities. Legrand S.A. was founded in 1865 and maintains its corporate headquarters in Limoges, France.

Sector: Industrials 路 Industry: Electrical Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 11, 2026
B+

Good

Good compliance with minor concerns

74Score

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 Cap19.9% / 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 LGRDY Dividends

0.8% non-compliant income

LGRDY has 0.8% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

41.4B

Price

$31.70

Sector

Industrials

Industry

Electrical Equipment & Parts

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Frequently Asked Questions

Is Legrand S.A. (LGRDY) halal to invest in?
Based on AAOIFI Standard 21 screening, Legrand S.A. (LGRDY) is rated Halal with a compliance grade of B+ (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 Legrand S.A. get a B+ compliance rating?
Legrand S.A. (LGRDY) received a grade of B+ (Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 19.9% (limit 30%); interest-bearing deposits of 6.8% (limit 30%); prohibited income of 0.80% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Legrand S.A.'s Shariah verdict?
Legrand S.A.'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 Legrand S.A. re-screened for Shariah compliance?
Legrand S.A. (LGRDY) 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.