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Is Lumi Rental Company SJSC Stock Halal?

Shariah Compliance Analysis of 4262.SR Stock

Yes. As of September 2026, Lumi Rental Company SJSC (4262.SR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Lumi Rental Company SJSC passes Musaffa's business and financial screening criteria.

Lumi Rental Co. engages in buying, leasing, and renting vehicles. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2023-09-25. The firm's segments include vehicle lease and provision of other related services; car rental and provision of other related services; and sale of used vehicles. The firm operates approximately 51 Branches, Workshops, Showrooms and Parking yards across the Kingdom of Saudi Arabia. The firm also operates a subsidiary named Hanay Trading Company Limited.
Lumi Rental Company SJSC 4262.SR
SAR25.96 SAR0.64 (2.53%) 1D

Last Updated: Sep 22, 12:00 AM·TASI

Pricing for SA stocks is delayed by 24 hours

4262.SR Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Lumi Rental Company SJSC is classified as halal.

HALAL

Lumi Rental Company SJSC (4262.SR) Chart

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Financial Metrics & Statements of Lumi Rental Company SJSC (4262.SR)

FAQ's for Lumi Rental Company SJSC (4262.SR)

  • As of September 2026, Lumi Rental Company SJSC 4262.SR is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Lumi Rental Company SJSC using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Lumi Rental Company SJSC if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Lumi Rental Company SJSC by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Lumi Rental Company SJSC may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Lumi Rental Company SJSC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.