Is Lakeland Industries, Inc. LAKE stock halal to invest in?

Yes, as of August 2026, Lakeland Industries, Inc. stock (LAKE) is classified as a Shariah compliant stock. This verdict follows the screening methodology of AAOIFI (the Accounting and Auditing Organization for Islamic Financial Institutions), whose Shariah Standard No. 21 is the leading global benchmark for screening halal stocks. Lakeland Industries, Inc. currently passes all four AAOIFI financial screens: non-permissible income remains below 5% of total revenue, interest-bearing investments and interest-bearing debt each remain below 30% of market capitalisation, and the company has no impermissible preference share structure. The stock's current purification factor is 100%. Compliance is reassessed every month as updated screening data arrives, and a stock's status can change when new financial reports are released. You can always check the current status of Lakeland Industries, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Lakeland Industries, Inc. LAKE reviewed for Shariah compliance?

Tabadulat reviews Lakeland Industries, Inc. LAKE for Shariah compliance every month. Each review applies the AAOIFI Shariah Standard No. 21 methodology, screening the company's business activities, non-permissible income, interest-bearing investments, interest-bearing debt, and preference shares, against the company's latest available financial data. The process operates under the direct supervision of Tabadulat's dedicated Shariah Supervisory Board of Islamic finance scholars. Because compliance depends on financial ratios that move with market capitalisation and reported results, a stock's status can change from one review to the next. Monthly screening ensures the status shown for Lakeland Industries, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Lakeland Industries, Inc. stock (LAKE) passes the AAOIFI non-permissible income screen. Under AAOIFI Shariah Standard No. 21, income from impermissible sources (such as interest or riba, conventional financial services, alcohol, gambling, or tobacco) must remain below 5% of a company's total revenue. Lakeland Industries, Inc.'s income from non-permissible sources is currently within this 5% threshold. Even permissible levels of incidental impure income should still be purified: investors donate the corresponding share of dividends to charity, as reflected in the stock's purification factor. This screen is reassessed monthly using the company's latest financial disclosures.

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Lakeland Industries, Inc. stock (LAKE) passes the AAOIFI interest-bearing investments screen. Under AAOIFI Shariah Standard No. 21, the cash a company places in interest-earning instruments (such as conventional deposits, bonds, treasury bills and money-market funds) must remain below 30% of its market capitalisation. This limit ensures shareholders are not materially profiting from riba (interest). Lakeland Industries, Inc.'s interest-bearing investments are currently within the 30% threshold. Because the ratio is measured against market capitalisation, it can move with the share price as well as the balance sheet, which is why Tabadulat rescreens the stock every month.

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Lakeland Industries, Inc. stock (LAKE) passes the AAOIFI interest-bearing debt screen. Under AAOIFI Shariah Standard No. 21, a company's borrowings that accrue interest (conventional bank loans, bonds and similar riba-based financing) must remain below 30% of its market capitalisation. This cap limits shareholders' exposure to interest-based leverage. Lakeland Industries, Inc.'s interest-bearing debt is currently within the 30% threshold. Because market capitalisation changes daily, a company's debt ratio can drift toward or away from the limit even without new borrowing, which is why this screen is reassessed every month.

What is the dividend purification factor for Lakeland Industries, Inc. LAKE stock?

As of August 2026, the dividend purification factor for Lakeland Industries, Inc. (LAKE) is 100%. Purification (tazkiyah) is the practice of donating to charity the portion of dividend income attributable to incidental non-permissible sources, typically interest earned on a company's cash, and AAOIFI methodology requires it even for fully compliant stocks. The purification factor is the figure halal investors use to work out that donation on Lakeland Industries, Inc. dividends. It is recalculated with each monthly screening as new financial data arrives, and the Tabadulat app can help you calculate and track purification across your whole portfolio.

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Lakeland Industries, Inc. stock (LAKE) passes the AAOIFI preference share screen. AAOIFI Shariah Standard No. 21 prohibits investing in preference shares because they grant holders guaranteed or priority rights to dividends and capital ahead of ordinary shareholders, a structure that conflicts with the Shariah principle that investors should share profit and loss in proportion to their ownership. Lakeland Industries, Inc. has no impermissible preference share structure affecting its ordinary shares, so the stock is compliant on this criterion. Like all AAOIFI screens, this is verified in each monthly review.

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Lakeland Industries, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

LAKE

About

Lakeland Industries, Inc.

LAKE

Lakeland Industries Inc. is a leading manufacturer in the protective clothing industry, specializing in the design and production of garments for use in hazardous environments. The company’s products are integral for safety applications across a myriad of sectors including industrial, chemical, healthcare, and emergency response. Lakeland’s offerings include chemical suits, fire retardant apparel, and disposable garments, catering to the needs of professionals requiring reliable protective gear. Headquartered in Huntsville, Alabama, with facilities and distribution networks across North America, Europe, Asia, and other regions, Lakeland plays a crucial role in providing safety solutions globally. The company is dedicated to innovation, constantly enhancing its products to meet rigorous safety standards and address the evolving needs of its diverse clientele. Lakeland Industries holds a significant position in the market by ensuring that personal protective equipment is accessible to a wide audience, supporting workplace safety and compliance regulations worldwide.

Sector:

Consumer Cyclical

Industry:

Apparel Manufacturing

Employees:

2050

Website:

https://www.lakeland.com

LAKE

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Lakeland Industries, Inc.

About

Lakeland Industries, Inc.

LAKE

Frequently asked questions

Is Lakeland Industries, Inc. LAKE stock halal to invest in?

How often is Lakeland Industries, Inc. LAKE reviewed for Shariah compliance?

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Non Permissible Income criteria?

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Interest Bearing Investments criteria?

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Lakeland Industries, Inc. LAKE stock?

Does Lakeland Industries, Inc. LAKE pass the AAOIFI Preference Share screen?

How do I buy Lakeland Industries (LAKE) stock?

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