LEG

Leggett & Platt, Incorporated

HALAL

Score: 72/100

stock

Is LEG Halal?

Engineered components for bedding, furniture, and industry — a permissible manufacturing business, though debt should be screened.

What You Should Know

Leggett & Platt, Incorporated designs and manufactures engineered components and products, including bedding innersprings, furniture mechanisms, automotive seating supports, and industrial wire. Manufacturing and selling these components is a clearly permissible activity with no haram revenue line. The main screening item is the balance sheet: Leggett & Platt carries debt and has worked through a period of restructuring, so its total-debt-to-market-cap ratio should be confirmed against the 33% threshold using the latest filings. Interest income on cash is incidental and should be checked against the 5% threshold and purified.

⚠️ Concerns

•Carries debt through a restructuring period — confirm total debt / market cap against the 33% threshold against the latest filings
•Incidental interest income on cash should be checked against the 5% threshold and the corresponding portion of returns purified
•Cyclical with housing and consumer demand — re-screen the financial ratios periodically