Is Lucid Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Lucid Group Inc (LCID) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Lucid Group Inc a Shariah-compliant stock?

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.

Can Muslims buy shares of Lucid Group Inc?

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.

Why is Lucid Group Inc classified as NOT HALAL?

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.

How often is the Shariah compliance for Lucid Group Inc updated?

The Shariah compliance status of Lucid Group Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Lucid Group Inc become non-compliant?

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.

Where can I check the Shariah status of Lucid Group Inc?

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.

LCID Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 08, 2026

Report Source: 2026 1st Quarter Report

Lucid Group Inc. Stock Analysis LCID

United States Consumer Discretionary Mid Cap Report: Q1, 2026

Lucid Group, Inc. manufactures electric vehicles. The company is headquartered in Newark California, California and currently employs 9,000 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 online channels. Its vehicles include Lucid Air and Lucid Gravity. Lucid Air is an advanced sedan, featuring powertrain technology. The company offers 420 miles of 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. The Lucid Gravity provides the interior space and practicality of a full-size sport utility vehicle (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 Grand Touring to deliver up to 450 miles of EPA-estimated range.

Key Statistics of Lucid Group Inc (LCID)

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

Today's Range

$5.90$6.14

Today's Open

$6.12

Volume

13.35M

P/E Ratio (TTM)

52 Week Range

$5.62$33.70

Market Cap

2.06B

Avg. Volume

23.20M

Dividend Yield

Financial Metrics & Statements of Lucid Group Inc (LCID)

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FAQ's for Lucid Group Inc (LCID)

According to Musaffa’s Shariah screening methodology, Lucid Group Inc (LCID) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.