Is Lucid Group, Inc. (LCID) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 99.9% / 30% | 50.9% / 30% | 5.5% / 30% | 11.56% / 5% | ✗ NOT HALAL |
| DJIM | 99.9% / 33% | 50.9% / 33% | 5.5% / 33% | 11.56% / 5% | ✗ NOT HALAL |
| MSCI | 38.1% / 33% | 19.4% / 33% | 2.1% / 33% | 11.56% / 5% | ✗ NOT HALAL |
| S&P | 99.9% / 33% | 50.9% / 33% | 5.5% / 33% | 11.56% / 5% | ✗ NOT HALAL |
| FTSE | 38.1% / 33% | 19.4% / 33% | 2.1% / 50% | 11.56% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -92.8% | |
| Operating Margin | -203.7% | |
| Net Margin | -199.3% | |
| Return on Equity (ROE) | -66.0% | |
| Return on Assets (ROA) | -24.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2.9B |
| Free Cash Flow | -$3.8B |
| Total Debt | $3.2B |
| Debt-to-Equity | 106.5 |
| Current Ratio | 1.3 |
| Total Assets | $8.4B |
Price & Trading
| Last Close | $9.91 |
| 50-Day MA | $10.28 |
| 200-Day MA | $16.82 |
| Avg Volume | 7.4M |
| Beta | 1.2 |
|
52-Week Range
$9.12
| |
About Lucid Group, Inc. (LCID)
Lucid Group, Inc., a technology company, designs, develops, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. The company provides Lucid Air sedan and Lucid Gravity SUV. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company.
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Frequently Asked Questions
Is Lucid Group, Inc. (LCID) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Lucid Group, 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 Lucid Group, Inc.'s debt ratio?
Lucid Group, Inc.'s debt ratio is 99.9% 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 38.1%.
What are Lucid Group, Inc.'s key financial metrics?
Lucid Group, Inc. has a market capitalization of $3.1B, and revenue of $1.4B. The company maintains a gross margin of -92.8% and a net margin of -199.3%. Return on equity stands at -66.0%.
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.