Is Lemonade, Inc. (LMND) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| DJIM | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| MSCI | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| S&P | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
| FTSE | Excluded — Insurance - Property & Casualty | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 53.0% | |
| Operating Margin | -3.5% | |
| Net Margin | -22.4% | |
| Return on Equity (ROE) | -29.4% | |
| Return on Assets (ROA) | -4.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$16M |
| Free Cash Flow | -$26M |
| Total Debt | $182M |
| Debt-to-Equity | 34.1 |
| Current Ratio | 1.0 |
| Total Assets | $1.9B |
Price & Trading
| Last Close | $65.99 |
| 50-Day MA | $67.54 |
| 200-Day MA | $60.36 |
| Avg Volume | 2.6M |
| Beta | 2.2 |
|
52-Week Range
$24.31
| |
About Lemonade, Inc. (LMND)
Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also offers insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
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Frequently Asked Questions
Is Lemonade, Inc. (LMND) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Lemonade, 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 Lemonade, Inc.'s debt ratio?
Lemonade, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Lemonade, Inc.'s key financial metrics?
Lemonade, Inc. has a market capitalization of $4.6B, and revenue of $738M. The company maintains a gross margin of 53.0% and a net margin of -22.4%. Return on equity stands at -29.4%.
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.