Invest on your own
Build your own portfolio, stock by stock.
We do it for you
Professionally managed portfolios, built and rebalanced for you.
NEW
How we screen every stock
Our halal screening & purification process in 3 minutes
Screeners
Your portfolio
Calculators
TOOL
Check any stock in seconds
Search 11,000+ tickers and see the halal verdict instantly.
Our certifications
Independent proof that every stock and portfolio meets halal standards.
METHODOLOGY
How we screen every stock
Our 5-step halal methodology, in 90 seconds.
Get help
NEW
Halal investing 101
A beginner-friendly intro to investing the halal way.
Plans by product
COMPARE
Find your plan
See every feature side-by-side and pick what fits.
Investors
INVESTORS
Invest in Musaffa
We're building the financial house for 1.9B Muslims. See the deck.
LTCH Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: December 12, 2022
Report Source: 2022 1st Quarter Report
Latch Inc. Stock Analysis LTCH
United States Information Technology Nano Cap Report: Latch, Inc. is an enterprise technology company, which provides security systems design and software services. The company is headquartered in Olivette, Missouri and currently employs 120 full-time employees. The company went IPO on 2020-11-10. The firm has designed and developed a cloud-based software-as-a-service (SaaS) platform (the Latch Platform) to address the access requirements of modern multifamily buildings. Its DOOR application provides similar functionalities as the Latch application while also enabling additional services for residents. The company provides technology for residential service providers, such as housekeepers, dog walkers, electricians, and drivers. Its service platform delivers on-demand, last-mile installation, setup and connected device support. Its customers include real estate developers, builders, building owners and property managers in the multifamily market segment in the United States and Canada.
Read More Latch Inc (LTCH) Chart
Key Statistics of Latch Inc (LTCH)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.18Volume
20.12KP/E Ratio (TTM)
-52 Week Range
Market Cap
31.21MAvg. Volume
42.93KDividend Yield
-Financial Metrics & Statements of Latch Inc (LTCH)
FAQ's for Latch Inc (LTCH)
- According to Musaffa’s Shariah screening methodology, Latch Inc (LTCH) is currently classified as NOT HALAL as of December 2022. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Latch Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Latch 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 Latch 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 Latch 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 Latch Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.