Is Lichen International Ltd (LICN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.1% / 30% | 54.4% / 30% | 14.4% / 30% | 0.39% / 5% | ✗ NOT HALAL |
| DJIM | 0.1% / 33% | 54.4% / 33% | 14.4% / 33% | 0.39% / 5% | ✗ NOT HALAL |
| MSCI | 0.1% / 33% | 33.5% / 33% | 8.9% / 33% | 0.39% / 5% | ✗ NOT HALAL |
| S&P | 0.1% / 33% | 54.4% / 33% | 14.4% / 33% | 0.39% / 5% | ✗ NOT HALAL |
| FTSE | 0.1% / 33% | 33.5% / 33% | 8.9% / 50% | 0.39% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 56.6% | |
| Operating Margin | -36.8% | |
| Net Margin | -43.2% | |
| Return on Equity (ROE) | -24.0% | |
| Return on Assets (ROA) | -10.3% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$12M |
| Total Debt | $61,000 |
| Debt-to-Equity | 0.6 |
| Current Ratio | 10.2 |
| Total Assets | $80M |
Price & Trading
| Last Close | $5.39 |
| 50-Day MA | $3.22 |
| 200-Day MA | $3.80 |
| Avg Volume | 6K |
| Beta | 1.1 |
|
52-Week Range
$2.57
| |
About Lichen International Ltd (LICN)
Lichen International Limited, an investment holding company, provides financial and taxation, education support, and software and maintenance services in the People's Republic of China. It offers financial and taxation-related management consultation, internal control management consultation, annual or regular consultation, and internal training and general consultation services; and education support services, including marketing, operational, and technical support, as well as the sale of teaching and learning materials. The company also provides software and maintenance services, including the sale of financial and taxation analysis software, and financial and taxation training software, as well as offers software installation, training, and after-sales technical and maintenance support services. It serves listed companies, state-owned enterprises, government authorities, and other business enterprises, including small and medium-sized enterprises. The company was formerly known as Lichen China Limited and changed its name to Lichen International Limited in March 2025. Lichen International Limited was incorporated in 2016 and is based in Xiamen, China.
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Frequently Asked Questions
Is Lichen International Ltd (LICN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Lichen International Ltd 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 Lichen International Ltd's debt ratio?
Lichen International Ltd's debt ratio is 0.1% 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 0.1%.
What are Lichen International Ltd's key financial metrics?
Lichen International Ltd has a market capitalization of $98M, and revenue of $41M. The company maintains a gross margin of 56.6% and a net margin of -43.2%. Return on equity stands at -24.0%.
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.