As of August 2026, Lucid Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Lucid Group Inc. Stock Analysis CH2A.BE
Germany Consumer Discretionary Mid Cap
Lucid Group, Inc. manufactures electric vehicles. The company is headquartered in Newark California, California and currently employs 6,800 full-time employees. The company went IPO on 2020-07-29. The company sells vehicles directly to consumers through its retail sales network and through direct online sales. Its vehicles include Lucid Air and Lucid Gravity. Lucid Air is an advanced car, featuring powertrain technology. The company offers 420 miles of the United States Environmental Protection Agency (EPA)-estimated range, with an 84-kWh battery pack. The Lucid Air Sapphire is the highest-performance version of the Lucid Air, boasting 1,234 horsepower from three motors, 427 miles of an EPA-estimated range (when equipped with standard wheel covers). The Lucid Gravity provides the interior space and practicality of a full-size SUV within the exterior footprint of a mid-size SUV. The company provides space for up to seven adults. The company has engineered the Lucid Gravity to deliver up to 450 miles of EPA-estimated range.
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Financial Metrics & Statements of Lucid Group Inc (CH2A.BE)
FAQ's for Lucid Group Inc (CH2A.BE)
As of August 2026, Lucid Group Inc CH2A.BE is classified as not 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 Lucid Group Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Lucid Group Inc 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 Lucid Group Inc 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 Lucid Group Inc 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 Lucid Group Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Lucid Group Inc (CH2A.BE)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.