Is LICT Corp halal to invest in?

According to Musaffa's Shariah screening methodology, LICT Corp (LICT) is currently classified as HALAL as of January 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.

Is LICT 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 LICT Corp using these criteria to determine its compliance status.

Can Muslims buy shares of LICT Corp?

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

Musaffa determines the Shariah status of LICT 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 LICT Corp updated?

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

Can a halal stock like LICT 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 LICT Corp?

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

LICT Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 10, 2025

Report Source: 2024 3rd Quarter Report

LICT Corp. Stock Analysis LICT

United States Communication Services Micro Cap Report: Q3, 2024

LICT Corp. is a holding company, which engages in the provision of broadband and voice services. The company is headquartered in Rye, New York. The Company’s subsidiaries operate in rural communities in seven states (California, Iowa, Kansas, New Mexico, Oregon, Utah, and Wisconsin), delivering a range of services to residential, commercial, and governmental customers, including broadband via its advanced fiber networks, digital subscriber line (DSL), and cable modem services; fixed wireless broadband solutions; voice (Local and long-distance); video offerings, including cable television, Internet protocol television services, and over-the-top platforms; wholesale network access for other carriers; hosted and managed services tailored for business and institutional clients; Enterprise solutions, including hosted/managed services, private lines, and virtual switchboards, and public access services, including 911 emergency service. Its subsidiaries include MachTen Inc. and Aureon Network Services, Inc.

Key Statistics of LICT Corp (LICT)

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

Today's Range

$10,750.00$10,750.00

Today's Open

$10,750.00

Volume

3.00

P/E Ratio (TTM)

16.92

52 Week Range

$9,800.00$13,900.00

Market Cap

211.07M

Avg. Volume

5.56

Dividend Yield

Financial Metrics & Statements of LICT Corp (LICT)

FAQ's for LICT Corp (LICT)

According to Musaffa’s Shariah screening methodology, LICT Corp (LICT) is currently classified as HALAL as of January 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.