ALGM
Allegro MicroSystems, Inc.
Is ALGM Halal?
Automotive, industrial and power semiconductor business — generally permissible activity whose known asset-based ratios pass, with activity classification incomplete.
What You Should Know
Allegro MicroSystems' March 27, 2026 Form 10-K reports assets of $1,416.175 million, debt of $287.276 million, cash of $168.753 million, broad receivables of $114.983 million and fiscal-year revenue of $890.096 million. Debt/assets is 20.29%, liquidity/assets is 11.92%, receivables plus cash/assets is 20.04% and disclosed interest income is 0.09% of revenue. Known ratios pass, but no universal prohibited-revenue numerator is disclosed.
⚠️ Concerns
- •Known asset-based ratios pass, but no universal prohibited-revenue numerator is disclosed
- •Automotive, industrial and energy end uses
- •Term-debt refinancing and variable rates
- •Equity investment and related-party exposure
- •Disclosed interest income is 0.09%; no fixed purification percentage asserted
Current quantitative Sharia screen
Based on 10-K figures for the period ended 2026-03-27; calculated 2026-07-15.
287.276 / 1,416.175
168.753 / 1,416.175
283.736 / 1,416.175
0.776 / 890.096
- Financial
- Pass
- Overall
- Incomplete
Debt/assets is 20.29%, liquidity/assets is 11.92%, receivables-plus-cash/assets is 20.04% and interest income is 0.09%; known ratios pass, while activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known financial ratios pass; this is not an index-membership claim and activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Known debt, liquidity and income ratios pass; this is not an official classification.
- Financial
- Not calculated
- Overall
- Incomplete
A licensed historical market-cap series is not stored.
Business-activity disclosure
Allegro designs magnetic-sensing, motor-driver and power-management semiconductors for automotive and industrial systems. The semiconductor activity is generally permissible, while downstream customer and end-use revenue remains qualitative.
Limitation: The filing does not classify every automotive, industrial, defense-adjacent or energy end use by a universal Sharia category.
Purification
Allegro discloses interest income of $0.776 million, but ZakatInvest does not prescribe a scholar-approved purification percentage.
Inputs, assumptions and primary sources
- Amounts are USD millions from Allegro MicroSystems' March 27, 2026 Form 10-K.
- Current and long-term debt total $287.276 million; operating lease liabilities are excluded.
- Cash and cash equivalents are $168.753 million; the filing does not separately identify an interest-bearing securities balance beyond cash and money-market holdings.
- Trade accounts receivable of $93.248 million plus accounts receivable-other of $21.735 million are used; first-year revenue is $890.096 million.
- The filing discloses $0.776 million of interest income from cash and cash equivalents.
- Automotive, industrial and power semiconductors are generally permissible, but no universal prohibited-revenue numerator is disclosed.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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