Is Leatt Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Leatt Corp (LEAT) is currently classified as HALAL as of July 2024. 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 Leatt Corp 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 Leatt Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Leatt Corp?

Muslim investors may consider investing in Leatt Corp 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 Leatt Corp classified as HALAL?

Musaffa determines the Shariah status of Leatt Corp 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 Leatt Corp updated?

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

Can a halal stock like Leatt Corp 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 Leatt Corp?

You can check the latest Shariah compliance status of Leatt Corp on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

LEAT Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 31, 2024

Report Source: 2024 1st Quarter Report

Leatt Corp. Stock Analysis LEAT

United States Consumer Discretionary Micro Cap Report: Q1, 2024

Leatt Corp. engages in the design, development, marketing, and distribution of personal protective equipment. The company also develops and markets head-to-toe protective equipment for Moto, Mountain Bike (MTB), Adventure Motorcycl (ADV), and a range of high-velocity sports. The firm's product offerings include Neck Braces, Body Armor, and other products, parts, and accessories such as Goggles, Leatt Apparel Range, Casual Clothing, Accessories, and Spare Parts. These products are manufactured in China, with additional manufacturing partners in Thailand and Bangladesh. Its products are based on the Leatt-Brace system, an injection-molded neck protection system. They are marketed under the Leatt brand and sold through approximately 61 distributors worldwide, who then supply retailers. Its subsidiaries are Two Eleven Distribution, LLC and Leatt Prop (Pty) Ltd.

Key Statistics of Leatt Corp (LEAT)

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

Today's Range

$12.20$12.25

Today's Open

$12.21

Volume

1386.00

P/E Ratio (TTM)

23.39

52 Week Range

$6.25$14.50

Market Cap

65.49M

Avg. Volume

8224.82

Dividend Yield

Financial Metrics & Statements of Leatt Corp (LEAT)

Community-Curated Collections with Leatt Corp (LEAT) ( With LEAT )

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

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FAQ's for Leatt Corp (LEAT)

According to Musaffa’s Shariah screening methodology, Leatt Corp (LEAT) is currently classified as HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.