ALGO.NE Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 27, 2025

Report Source: 2025 1st Quarter Report

Light AI Inc

Light AI Inc. Stock Analysis ALGO.NE

Canada Health Care Nano Cap Report:
Light AI Inc. is a technology company focused on developing artificial intelligence-based health screening and diagnostic solutions. The company is headquartered in Vancouver, British Columbia and currently employs 8 full-time employees. The company went IPO on 2025-01-08. The company is engaged in developing screening and diagnostic solutions aimed at improving healthcare delivery worldwide. The firm is developing a technology platform which represents the next generation of patient management that it applies AI algorithms to smartphone images, starting with images of Strep A and anticipated expansion with COVID19 along with other medical conditions, to identify the disease in seconds. Its app-based solution requires no swabs, lab tests or proprietary hardware of any kind. Its AI powered technology offers screening and diagnostic tools designed to address critical healthcare challenges. Its technology offers a significant advancement in the identification of GAS pharyngitis. Its approach to applying AI to smartphone images can be expanded to other throat conditions, as well as other areas of analysis, such as the human eye and skin.
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Light AI Inc (ALGO.NE) Chart

Key Statistics of Light AI Inc (ALGO.NE)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

CAD0.19CAD0.19

Today's Open

CAD0.19

Volume

345.69K

P/E Ratio (TTM)

-

52 Week Range

CAD0.08CAD0.45

Market Cap

14.07M

Avg. Volume

277.25K

Dividend Yield

-

Financial Metrics & Statements of Light AI Inc (ALGO.NE)

FAQ's for Light AI Inc (ALGO.NE)

  • According to Musaffa’s Shariah screening methodology, Light AI Inc (ALGO.NE) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.

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