As of August 2026, Light SA is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Light SA. Stock Analysis LGSXY
United States Utilities Small Cap
Light SA is a holding company, which engages in the generation, transmission, distribution and commercialization of electric power services. The company is headquartered in Rio De Janeiro, Rio De Janeiro and currently employs 6,832 full-time employees. The company went IPO on 2005-12-12. The firm's activities are divided into three business segments: Distribution, Generation and Trading. The Distribution division focuses on distributing electric power to end consumers. The Generation division produces electricity through hydroelectric power stations. The Trading division is responsible for the purchase and sale of energy. In addition, the Company provides energy solutions, such as energy projects development, and offers advisory services to free and captive consumers. The firm distributes energy in the state of Rio de Janeiro, Brazil. The company operates through a number of subsidiaries, including Light Servicos de Eletricidade SA (Light SESA), Light Energia SA (Light Energia), Light Esco Prestacao de Servicos SA (Light Esco) and Lightcom Comercializadora de Energia SA (Lightcom), among others.
Light SA (LGSXY) Chart
Financial Metrics & Statements of Light SA (LGSXY)
FAQ's for Light SA (LGSXY)
As of August 2026, Light SA LGSXY 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 Light SA using these criteria to determine its compliance status.
Muslim investors may consider investing in Light SA 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 Light SA 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 Light SA 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 Light SA 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 Light SA (LGSXY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.