Is LogProstyle (LGPS) stock Halal?
Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. LogProstyle, Inc. (LGPS) does not meet the threshold for the interest-bearing investments and interest-bearing debt screens as of September 2026, so it is not Shariah compliant.
LogProstyle is a key player in the logistics and supply chain management sector. The company specializes in providing comprehensive logistics solutions, which encompass warehousing, transportation, and inventory management, to businesses looking to optimize their supply chains. With a focus on technological integration, Logprostyle leverages advanced software to streamline operations, enhance visibility, and improve efficiency for its clients. This includes the use of real-time tracking systems and data analytics to monitor and manage shipments effectively. For Muslim investors, though, the most pressing question is simpler: is LogProstyle a Halal investment?
Is LogProstyle Shariah compliant?
For industrial companies like LogProstyle, the product is rarely the problem; aircraft, vehicles and machinery are permissible. The exposure is leverage: fleets and factories are financed, and the 30% cap that AAOIFI Shariah Standard No. 21 places on interest bearing debt is the screen that decides most verdicts in this sector.
Does LogProstyle pass the business activity test?
The activity screen is only part of the picture this month: LogProstyle currently fails the interest-bearing investments and interest-bearing debt screens, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is LogProstyle's income Halal?
Yes, within AAOIFI's tolerance. LogProstyle's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does LogProstyle meet AAOIFI's debt and investment ratio requirements?
No. Both ratios currently breach the 30% caps: interest bearing investments and interest bearing debt each exceed the limit AAOIFI permits for a Halal investment. The ratios move with the share price as well as the balance sheet, and our Shariah Supervisory Board has LGPS re-screened every month.
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?



