Is LAKELAND INDUSTRIES INC (LAKE) Halal?
Shariah Screening — 5 Standards
Based on financial data from January 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 37.5% / 30% | 20.7% / 30% | 43.1% / 30% | 10.75% / 5% | ✗ NOT HALAL |
| DJIM | 37.5% / 33% | 20.7% / 33% | 43.1% / 33% | 10.75% / 5% | ✗ NOT HALAL |
| MSCI | 14.9% / 33% | 8.2% / 33% | 17.1% / 33% | 10.75% / 5% | ✗ NOT HALAL |
| S&P | 37.5% / 33% | 20.7% / 33% | 43.1% / 33% | 10.75% / 5% | ✗ NOT HALAL |
| FTSE | 14.9% / 33% | 8.2% / 33% | 17.1% / 50% | 10.75% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.8% | |
| Operating Margin | -12.5% | |
| Net Margin | -19.4% | |
| Return on Equity (ROE) | -29.0% | |
| Return on Assets (ROA) | -1.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$16M |
| Free Cash Flow | -$17M |
| Total Debt | $32M |
| Debt-to-Equity | 38.8 |
| Current Ratio | 3.8 |
| Total Assets | $213M |
Price & Trading
| Last Close | $7.80 |
| 50-Day MA | $9.04 |
| 200-Day MA | $12.71 |
| Avg Volume | 126K |
| Beta | 1.3 |
|
52-Week Range
$7.15
| |
About LAKELAND INDUSTRIES INC (LAKE)
Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments; high performance FR/AR apparel; and firefighter protective apparel and accessories. In addition, it provides high visibility clothing comprising reflective apparel, including vests, T-shirts, sweatshirts, jackets, coats, raingear, jumpsuits, hats, and gloves; and gloves and sleeves that are used in the automotive, glass, and metal fabrication industries. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company was incorporated in 1982 and is headquartered in Huntsville, Alabama.
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Frequently Asked Questions
Is LAKELAND INDUSTRIES INC (LAKE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LAKELAND INDUSTRIES INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is LAKELAND INDUSTRIES INC's debt ratio?
LAKELAND INDUSTRIES INC's debt ratio is 37.5% 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 14.9%.
What are LAKELAND INDUSTRIES INC's key financial metrics?
LAKELAND INDUSTRIES INC has a market capitalization of $74M, and revenue of $167M. The company maintains a gross margin of 34.8% and a net margin of -19.4%. Return on equity stands at -29.0%.
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.