
Is Landstar System (LSTR) stock Halal?
Landstar System, Inc. (LSTR) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 98.36%. Tabadulat re-screens LSTR monthly, and the status can change when new financial data arrives.
Landstar System is a prominent asset in the transportation and logistics sector, specializing as a third-party logistics company. Its primary function is to provide comprehensive transportation services through a distinctive asset-light business model, leveraging a network of independent agents, drivers, and third-party capacity providers. This model facilitates seamless freight movement by connecting customers with a diverse array of transportation options, ensuring efficient and cost-effective logistics solutions. Before any of that matters to a Muslim investor, one question comes first: is Landstar System stock Halal?
Is Landstar System Shariah compliant?
Industrial businesses like Landstar System usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Landstar System pass the business activity test?
Yes. In the September 2026 screening Landstar System holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Landstar System's income Halal?
Yes, within AAOIFI's tolerance. Landstar System's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 98.36% tells holders of LSTR what share of each dividend to keep and what remainder to donate to charity.
Does Landstar System meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has LSTR re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



