Industrials · Electrical Equipment & Parts
Is Lightbridge Corporation (LTBR) Stock Halal?
Shariah Compliance Across 5 Standards — Live
Shariah Compliance Verdict — 5 Standards
AAOIFI (Shari'ah Standard 21)market-cap basis
cash/MC 75.3% > 30%; impure income 100.0% > 5%
Dow Jones Islamic Marketmarket-cap basis
impure income 100.0% > 5%
FTSE Shariah (Yasaar)total-assets basis
cash/assets 98.5% > 33%; AR+cash/assets 98.5% > 50%; impure income 100.0% > 5%
MSCI Islamictotal-assets basis
cash/assets 98.5% > 33%; AR+cash/assets 98.5% > 70%; impure income 100.0% > 5%
S&P Shariahmarket-cap basis
impure income 100.0% > 5%
Live verdicts from the Halal Terminal screening engine, recomputed against the issuer's latest filings.
Plain-English Summary
Fails AAOIFI, DJIM, FTSE, MSCI, S&P on cash/MC 75.3% > AAOIFI 30%; interest/revenue 100.0% > AAOIFI 5%, DJIM 5%, FTSE 5%, MSCI 5%, S&P 5%; cash/assets 98.5% > FTSE 33%, MSCI 33%.
Business Activity Screen
Business activity is compliant.
Financial Ratios
Interest-bearing debt / market cap
AAOIFI ≤30% · DJIM/S&P <33% (trailing-avg MC)
0.4%
Cash & interest-bearing / market cap
AAOIFI ≤30% of market cap
75.3%
Debt / total assets
FTSE/MSCI <33.33% of total assets
0.5%
Cash & interest-bearing / total assets
FTSE/MSCI <33.33% of total assets
98.5%
Receivables + cash / total assets
FTSE <50% · MSCI ≤70%
98.5%
Interest income / revenue
≤5% across all methodologies
100.0%
Raw ratios from the latest filings — each methodology applies its own basis and thresholds (see the verdict box above for per-standard outcomes).
Balance-Sheet Trajectory (8 Quarters)
| Quarter end | Debt / assets | Cash / assets | Receivables + cash / assets |
|---|---|---|---|
| 2024-06-30 | — | 96.8% | 96.8% |
| 2024-09-30 | — | 96.4% | 96.4% |
| 2024-12-31 | — | 97.7% | 97.7% |
| 2025-03-31 | — | 97.7% | 97.7% |
| 2025-06-30 | — | 98.9% | 98.9% |
| 2025-09-30 | — | 98.9% | 98.9% |
| 2025-12-31 | — | 99.0% | 99.0% |
| 2026-03-31 | — | 98.5% | 98.5% |
A stock that has screened comfortably for eight straight quarters is a different story from one that crossed a threshold last quarter — trajectory shows which one this is.
Frequently Asked Questions
Is Lightbridge Corporation (LTBR) halal to invest in?
Lightbridge Corporation currently screens as non-compliant on the Halal Terminal engine. The verdict is recomputed against the issuer's latest financial filings and all five major methodologies (AAOIFI, DJIM, FTSE, MSCI, S&P) — see the per-standard breakdown above. This is a data-driven application of published standards, not a fatwa.
Is LTBR compliant under AAOIFI?
No — LTBR currently fails AAOIFI screening: cash/MC 75.3% > 30%; impure income 100.0% > 5%.
Do I need to purify dividends from LTBR?
A purification rate could not be computed from the latest filings; consult the methodology page for how purification works.
Why do halal screening apps disagree about LTBR?
Different services apply different ratio bases (market capitalization vs total assets), different revenue classifications, and different data vintages. This page shows both AAOIFI readings side by side and classifies revenue segments explicitly so the source of any disagreement is visible.
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Disclaimer: This page is for educational and informational purposes only and does not constitute financial or religious advice. Verdicts and figures come from the Halal Terminal screening engine, computed from the issuer's public financial filings and refreshed regularly (last screened 2026-06-10). This is a data-driven application of published Shariah standards — not a fatwa. Consult a qualified Islamic finance scholar or advisor for personalised guidance.