Allegro Microsystems Inc ALGM
$37.16 $0.03 (0.08%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
Pricing for US stocks is delayed by 24 hours
ALGM Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Allegro Microsystems Inc is classified as halal.
HALAL
Report Source: undefined Quarter Report
Allegro Microsystems Inc. Stock Analysis ALGM
United States Information Technology Mid Cap Allegro MicroSystems, Inc. engages in the development and manufacture of sensor integrated circuits (“ICs”) and application-specific analog power ICs. The company is headquartered in Manchester, New Hampshire and currently employs 4,060 full-time employees. The company went IPO on 2020-10-29. The firm is a global designer, developer, fabless manufacturer and marketer of sensor integrated circuits (ICs) and application-specific power ICs, enabling the important emerging technologies in the automotive and industrial markets. Its sensor ICs enable its customers to measure motion, speed, position and current, while its power ICs include high-temperature and high-voltage capable motor drivers, power management ICs, light-emitting diode (LED) driver ICs and isolated gate drivers. Its product portfolio includes over 1,500 products across a range of high-performance analog mixed-signal semiconductors. The firm also offers tunneling magnetoresistance (TMR) sensor solutions that provide the highest magnetic sensitivity, lowest power consumption, and the smallest size by comparison to other magnetic technologies.
Allegro Microsystems Inc (ALGM) Chart
Financial Metrics & Statements of Allegro Microsystems Inc (ALGM)
FAQ's for Allegro Microsystems Inc (ALGM)
- As of August 2026, Allegro Microsystems Inc ALGM is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Allegro Microsystems Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Allegro Microsystems Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Allegro Microsystems Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Allegro Microsystems Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Allegro Microsystems Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Allegro Microsystems Inc (ALGM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
