Is Lever Global Corp halal to invest in?

According to Musaffa's Shariah screening methodology, Lever Global Corp (LVER) is currently classified as NOT 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 Lever Global 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 Lever Global Corp using these criteria to determine its compliance status.

Can Muslims buy shares of Lever Global Corp?

Muslim investors may consider investing in Lever Global 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 Lever Global Corp classified as NOT HALAL?

Musaffa determines the Shariah status of Lever Global 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 Lever Global Corp updated?

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

Can a halal stock like Lever Global 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 Lever Global Corp?

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

LVER Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: January 24, 2025

Report Source: 2024 3rd Quarter Report

Lever Global Corp. Stock Analysis LVER

United States N/A Small Cap Report: Q3, 2024

Lever Global Corp. develops computer programs to support banking and financial services. The company is headquartered in West Hollywood, California. The company went IPO on 2023-02-08. The firm's flagship product, Lever Debt App (App), allows everyday people to directly negotiate, enroll, repay, and settle student loans for the United States market without the complexity and confusion of the fine print. The App helps subscribers with debt management, which includes negotiation, repayment, and settlement. The App seeks to help the subscriber directly negotiate debt through continued education and recommendations on how and when to refinance the student loan, federal student loan prequalification and enrollment, access credit scores, and other features that enable subscribers to manage their debt obligations. The firm intends to offer its subscribers the tools in the App to directly negotiate and refinance their outstanding credit card and auto loans with their lenders. Its wholly owned subsidiary is Lever Technology, Inc.

Key Statistics of Lever Global Corp (LVER)

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

Today's Range

$2.65$3.10

Today's Open

$2.70

Volume

7050.00

P/E Ratio (TTM)

Market Cap

1.10B

Avg. Volume

6190.86

Dividend Yield

Financial Metrics & Statements of Lever Global Corp (LVER)

FAQ's for Lever Global Corp (LVER)

According to Musaffa’s Shariah screening methodology, Lever Global Corp (LVER) is currently classified as NOT 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.