LightPath Technologies, Inc. (LPTH) - Halal (Shariah-Compliant)
LightPath Technologies, Inc. (LPTH) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Electronic Components
- Result
- Pass
- Reason
- The sector "Technology" and industry "Electronic Components" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 8.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About LightPath Technologies, Inc.
LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical systems and assemblies in the United States, the United Kingdom, Israel, China, Rest of Europe, Rest of Asia and internationally. It offers optical components, assemblies and sub-systems, including precision molded glass aspheric optics, thermal imaging assemblies, molded and diamond-turned infrared aspheric lenses, spherical lenses, and other optical components used in products that manipulate light; and infrared products, including catalog and custom infrared optics. The company also offers cooled and uncooled camera systems and modules for long range surveillance and detection, and engineering services. The company's products are used in defense products, border security, perimeter security, night vision systems, medical devices, laser aided industrial tools, automotive safety applications, telecommunications, machine vision and sensors, and other sectors. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.
Frequently Asked Questions
Is LightPath Technologies, Inc. (LPTH) stock halal to invest in?
According to AAOIFI Shariah screening standards, LightPath Technologies, Inc. (LPTH) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.