Is Lithium Argentina AG (LAR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.5% / 30% | 7.9% / 30% | 3.0% / 30% | N/A | ✓ HALAL |
| DJIM | 19.5% / 33% | 7.9% / 33% | 3.0% / 33% | N/A | ✓ HALAL |
| MSCI | 18.6% / 33% | 7.6% / 33% | 2.8% / 33% | N/A | ✓ HALAL |
| S&P | 19.5% / 33% | 7.9% / 33% | 3.0% / 33% | N/A | ✓ HALAL |
| FTSE | 18.6% / 33% | 7.6% / 33% | 2.8% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | 0.0% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -9.0% | |
| Return on Assets (ROA) | -2.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$22M |
| Free Cash Flow | -$23M |
| Total Debt | $211M |
| Debt-to-Equity | 29.0 |
| Current Ratio | 0.3 |
| Total Assets | $1.1B |
Price & Trading
| Last Close | $6.87 |
| 50-Day MA | $7.18 |
| 200-Day MA | $4.73 |
| Avg Volume | 3.2M |
| Beta | 2.2 |
|
52-Week Range
$1.71
| |
About Lithium Argentina AG (LAR)
Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp. and changed its name to Lithium Argentina AG in January 2025. Lithium Argentina AG was incorporated in 2007 is headquartered in Zug, Switzerland.
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Frequently Asked Questions
Is Lithium Argentina AG (LAR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Lithium Argentina AG 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 Lithium Argentina AG's debt ratio?
Lithium Argentina AG's debt ratio is 19.5% 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 18.6%.
What are Lithium Argentina AG's key financial metrics?
Lithium Argentina AG has a market capitalization of $1.0B. Return on equity stands at -9.0%.
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.