Is LightPath Technologies, Inc. LPTH stock halal to invest in?

No, as of August 2026, LightPath Technologies, Inc. stock (LPTH) is not currently 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. To qualify as halal under this standard, a company must keep non-permissible income below 5% of total revenue, keep both interest-bearing investments and interest-bearing debt below 30% of market capitalisation, and have no impermissible preference share structure. LightPath Technologies, Inc. currently does not meet the threshold for the non-permissible income screen. Because screenings are refreshed monthly as new financial reports are published, a non-compliant stock can regain compliant status if its financial structure changes. You can track the latest status of LightPath Technologies, Inc. and discover Shariah compliant alternatives among the halal stocks in the Tabadulat app.

How often is LightPath Technologies, Inc. LPTH reviewed for Shariah compliance?

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screening ensures the status shown for LightPath Technologies, Inc. reflects current financial data rather than an outdated assessment, and Tabadulat app users are notified if a holding in their portfolio becomes non-compliant.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

No, as of August 2026, LightPath Technologies, Inc. stock (LPTH) does not pass 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. LightPath Technologies, Inc.'s income from non-permissible sources currently exceeds this 5% ceiling, which makes the stock non-compliant on this criterion regardless of how it performs on the other screens. The screen is reassessed monthly, so the status can change when the company releases new financial statements.

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of August 2026, LightPath Technologies, Inc. stock (LPTH) 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). LightPath Technologies, 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 LightPath Technologies, Inc. LPTH pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of August 2026, LightPath Technologies, Inc. stock (LPTH) 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. LightPath Technologies, 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 LightPath Technologies, Inc. LPTH stock?

LightPath Technologies, Inc. (LPTH) is currently classified as not Shariah compliant, so no dividend purification factor applies, because purification factors are calculated only for stocks that pass the AAOIFI screens. Purification (tazkiyah) is the practice of donating to charity the small portion of dividend income that stems from incidental non-permissible sources, such as interest earned on a compliant company's cash deposits. For non-compliant stocks the issue is not purification but eligibility: under AAOIFI Shariah Standard No. 21 the stock does not currently qualify as a halal investment. If LightPath Technologies, Inc. returns to compliance in a future monthly screening, its purification factor will be published alongside its updated status in the Tabadulat app.

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Preference Share screen?

Yes, as of August 2026, LightPath Technologies, Inc. stock (LPTH) 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. LightPath Technologies, 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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LightPath Technologies, Inc.

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LPTH

About

LightPath Technologies, Inc.

LPTH

Lightpath Technologies Inc. is a company specializing in the design, development, and distribution of advanced optical components and subsystems. These components are essential for a diverse range of applications, primarily impacting sectors such as telecommunications, defense, medical equipment, and industrial automation. The firm's key offerings include infrared and visible spectrum optical components, precision molded aspheric optics, and fiber optic collimators, which are crucial in enhancing the performance and efficiency of optical systems. As an innovator in the optics industry, Lightpath Technologies plays a vital role in advancing fiber optic communications and infrared imaging technologies. The company's products enable the enhancement of device performance, intensifying the capability of smart technologies and contributing to the development of high-precision instruments. In the financial market, Lightpath Technologies is recognized for its focus on technological advancements and for providing solutions that meet the evolving needs of high-growth industries. This positions it as a critical player in the technological supply chain, fostering innovation and development across various high-tech domains.

Sector:

Technology

Industry:

Electronic Components

Employees:

345

Website:

https://www.lightpath.com

LPTH

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LightPath Technologies, Inc.

About

LightPath Technologies, Inc.

LPTH

Frequently asked questions

Is LightPath Technologies, Inc. LPTH stock halal to invest in?

How often is LightPath Technologies, Inc. LPTH reviewed for Shariah compliance?

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Non Permissible Income criteria?

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Interest Bearing Investments criteria?

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Interest Bearing Debt criteria?

What is the dividend purification factor for LightPath Technologies, Inc. LPTH stock?

Does LightPath Technologies, Inc. LPTH pass the AAOIFI Preference Share screen?

Can I buy LightPath Technologies (LPTH) stock on Tabadulat?

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