Is LexinFintech Holdings Ltd. (LX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 38.6% | |
| Operating Margin | 6.4% | |
| Net Margin | 12.8% | |
| Return on Equity (ROE) | 14.8% | |
| Return on Assets (ROA) | 4.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $1.1B |
| Free Cash Flow | $834M |
| Total Debt | $5.3B |
| Debt-to-Equity | 39.9 |
| Current Ratio | 1.9 |
| Total Assets | $22.2B |
Price & Trading
| Last Close | $2.13 |
| 50-Day MA | $2.77 |
| 200-Day MA | $4.66 |
| Avg Volume | 1.5M |
| Beta | 0.7 |
|
52-Week Range
$2.06
| |
About LexinFintech Holdings Ltd. (LX)
LexinFintech Holdings Ltd., together with its subsidiaries, offers online direct sales and online consumer finance services in the People's Republic of China. The company provides Fenqile, an online consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales of electronic, home appliance, and general merchandise products with installment payment terms; and Lehua Card for scenario-based lending. It also offers technology-driven platform services for financial institution customers and partners; and credit-driven platform services, including customer acquisition, initial credit screening, and loan collections, as well as guarantee and insurance services. In addition, the company provides Maiya, a buy-now and pay-later service; and Juzi Licai, an online investment platform. Further, it offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China.
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Frequently Asked Questions
Is LexinFintech Holdings Ltd. (LX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), LexinFintech Holdings 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 LexinFintech Holdings Ltd.'s debt ratio?
LexinFintech Holdings Ltd.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are LexinFintech Holdings Ltd.'s key financial metrics?
LexinFintech Holdings Ltd. has a market capitalization of $348M, trailing P/E ratio of 1.5, and revenue of $14.2B. The company maintains a gross margin of 38.6% and a net margin of 12.8%. Return on equity stands at 14.8%.
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.