Allardyce names his squad yesterday night for his first game in the 2018 World Cup qualification campaign against Slovakia.
Rooney will be included alongside a number of Euro 2016 absentees including Danny Drinkwater, Luke Shaw and Phil Jagielka with winger Andros Townsend also coming under consideration.
Though an official announcement about the captaincy is not expected to be made until the middle of next week, it is understood Allardyce has no plans to remove 30-year-old Rooney from the job.
The Manchester United striker has scored a record 53 goals in 115 appearances for England but was criticised after captaining the team to an embarrassing 2-1 defeat against Iceland at the European Championship in June.
Terry, 35, will not be involved however despite concerns over England’s options in the middle of defence.
An enquiry was made from the FA to the Chelsea captain to see if he’d be interested in ending his four-year international exile but Terry felt playing for England again would attract undue negative publicity.
He retired in 2012 because he felt the FA’s decision to pursue charges against him for racially abusing Anton Ferdinand made his position ‘untenable’.
In addition, Terry is not certain he will still be playing by the time the 2018 World Cup campaign takes place. His current one-year deal at Chelsea expires in the summer.