Shariah compliance overview
HalalLa-Z-Boy Incorporated (LZB) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About La-Z-Boy Incorporated
La-Z-Boy Incorporated, a company founded in Monroe, Michigan, in 1927, is a leading entity in the furniture sector. Originally known as La-Z-Boy Chair Company, it adopted its current name in 1996.
La-Z-Boy Incorporated (LZB) operates in the Consumer Cyclical sector, in the Furnishings, Fixtures & Appliances industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.56% (limit 5%), interest-bearing debt is 12.86% (limit 30%) and interest-bearing securities and assets are 19.50% (limit 30%).
If you hold LZB, give 0.56% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.56%Limit 5%Pass
- Interest-bearing debt
- 12.86%Limit 30%Pass
- Interest-bearing securities and assets
- 19.50%Limit 30%Pass
- Dividend purification
- 0.56%Share of dividends to give to charityPurification calculator
Last updated: Oct 22, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Frequently asked questions
Quick answers about La-Z-Boy Incorporated (LZB). Current Akinda screening label: Halal.
