Is 003550 (003550) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 4.8% / 30% | 18.6% / 30% | 11.6% / 30% | 1.43% / 5% | ✓ HALAL |
| DJIM | 4.8% / 33% | 18.6% / 33% | 11.6% / 33% | 1.43% / 5% | ✓ HALAL |
| MSCI | 2.2% / 33% | 8.5% / 33% | 5.3% / 33% | 1.43% / 5% | ✓ HALAL |
| S&P | 4.8% / 33% | 18.6% / 33% | 11.6% / 33% | 1.43% / 5% | ✓ HALAL |
| FTSE | 2.2% / 33% | 8.5% / 33% | 5.3% / 50% | 1.43% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.7% | |
| Operating Margin | -27.7% | |
| Net Margin | 10.2% | |
| Return on Equity (ROE) | 3.4% | |
| Return on Assets (ROA) | 1.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.4T |
| Free Cash Flow | $1.2T |
| Total Debt | $693.6B |
| Debt-to-Equity | 2.6 |
| Current Ratio | 2.4 |
| Total Assets | $31.6T |
Price & Trading
| Last Close | KRW 87,500.00 |
| 50-Day MA | KRW 93,126.00 |
| 200-Day MA | KRW 82,362.50 |
| Avg Volume | 364K |
| Beta | 0.8 |
|
52-Week Range
KRW 58,300.00
| |
About 003550 (003550)
LG Corp., through its subsidiaries, operates in the electronics, chemicals, and telecommunication and services sectors. The company offers home appliance, air, media entertainment, vehicle, and eco solutions; and TV, mobile, monitor, IT, and automotive and commercial display products. It also provides vehicle sensing, communication, and lighting solutions, as well as substrates for AI and semiconductors, such as FC-BGA. In addition, the company offers advanced materials, and petrochemical and life science products; daily necessities, cosmetics, and beverages; automotive, mobility and IT, and energy storage system batteries; telecommunications services; cable TV and internet services; mobile services as a mobile virtual network operator; and localTV channel that realizes regional values through media. Further, it provides IT solutions and services, including customized system development, strategic consulting, and IT services outsourcing; space solutions; economic analysis, countermeasure preparation, and industrial research and corporate management consulting services; and professional sports management services. LG Corp. was founded in 1947 and is based in Seoul, South Korea.
Purification Calculator
As a halal stock with 1.43% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is 003550 (003550) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), 003550 is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is 003550's debt ratio?
003550's debt ratio is 4.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 2.2%.
Does 003550 require dividend purification?
Yes, 003550 has an impermissible income ratio of 1.43%, which means 1.43% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are 003550's key financial metrics?
003550 has a market capitalization of $13.7T, and revenue of $7.2T. The company maintains a gross margin of 18.7% and a net margin of 10.2%. Return on equity stands at 3.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.