Is Lumentum Holdings, Inc. LITE stock halal to invest in?

Yes, as of August 2026, Lumentum Holdings, Inc. stock (LITE) 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. Lumentum Holdings, 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 98.19%. 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 Lumentum Holdings, Inc. and explore other Shariah compliant stocks in the Tabadulat app.

How often is Lumentum Holdings, Inc. LITE reviewed for Shariah compliance?

Tabadulat reviews Lumentum Holdings, Inc. LITE 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 Monthly screening ensures the status shown for Lumentum Holdings, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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 Lumentum Holdings, Inc. LITE pass the AAOIFI Non Permissible Income criteria?

Yes, as of August 2026, Lumentum Holdings, Inc. stock (LITE) 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. Lumentum Holdings, 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 Lumentum Holdings, Inc. LITE pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, Lumentum Holdings, Inc. stock (LITE) 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). Lumentum Holdings, 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 Lumentum Holdings, Inc. LITE pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, Lumentum Holdings, Inc. stock (LITE) 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. Lumentum Holdings, 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 Lumentum Holdings, Inc. LITE stock?

As of August 2026, the dividend purification factor for Lumentum Holdings, Inc. (LITE) is 98.19%. 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 Lumentum Holdings, 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 Lumentum Holdings, Inc. LITE pass the AAOIFI Preference Share screen?

Yes, as of August 2026, Lumentum Holdings, Inc. stock (LITE) 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. Lumentum Holdings, 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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Lumentum Holdings, Inc.

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Shariah-Compliant

Not Shariah

LITE

About

Lumentum Holdings, Inc.

LITE

Lumentum Holdings Inc. is a technology company specializing in the design, manufacture, and sale of optical and photonic products. Its primary function is to supply essential components, modules, and subsystems that enable high-speed data transmission over fiber optic networks, serving industries such as cloud data centers, artificial intelligence and machine learning infrastructure, telecommunications, and enterprise networking. Within its Cloud & Networking segment, the company produces a range of optical products—such as high-speed transceivers and sophisticated wavelength division multiplexing devices—that are crucial for expanding and upgrading global communications infrastructure. Lumentum’s Industrial Tech segment delivers high-performance lasers and diode technologies used extensively in precision manufacturing sectors, including semiconductor, solar cell, display, and electric vehicle production. The company is also recognized as a pioneer in 3D sensing technologies, with its diode lasers deployed in mobile devices and advanced automotive applications such as driver monitoring and autonomous systems. Founded in 2015 and headquartered in San Jose, California, Lumentum Holdings Inc. plays a strategic role in advancing the capabilities of global communications and industrial manufacturing through innovation in photonics and laser technologies.

Sector:

Technology

Industry:

Communication Equipment

Employees:

10562

Website:

https://www.lumentum.com

LITE

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Lumentum Holdings, Inc.

About

Lumentum Holdings, Inc.

LITE

Frequently asked questions

Is Lumentum Holdings, Inc. LITE stock halal to invest in?

How often is Lumentum Holdings, Inc. LITE reviewed for Shariah compliance?

Does Lumentum Holdings, Inc. LITE pass the AAOIFI Non Permissible Income criteria?

Does Lumentum Holdings, Inc. LITE pass the AAOIFI Interest Bearing Investments criteria?

Does Lumentum Holdings, Inc. LITE pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for Lumentum Holdings, Inc. LITE stock?

Does Lumentum Holdings, Inc. LITE pass the AAOIFI Preference Share screen?

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