LWLG Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: March 24, 2026
Report Source: 2025 Annual Report
Lightwave Logic Inc. Stock Analysis LWLG
Lightwave Logic, Inc. is a development stage company which engages in the commercialization of electro-optic photonic devices. The company is headquartered in Englewood, Colorado and currently employs 34 full-time employees. The company went IPO on 2003-02-13. The Company’s organic polymers allow it to create next-generation photonic EO devices that convert data from electrical signals into light/optical signals for applications in telecommunications, and for data transmission potentially used to support generative Artificial Intelligence. The company designs its own proprietary materials for electro-optical modulation devices. Electro-optical modulators convert data from electric signals into optical signals that can then be transmitted over high-speed fiber-optic cables. The company is focused on testing and demonstrating the manufacturability and reliability of its devices. In polymer photonics, polymer devices such as modulators, waveguides, and multiplexers can be fabricated on to a silicon platform.
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Key Statistics of Lightwave Logic Inc (LWLG)
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
$14.10Volume
7.91MP/E Ratio (TTM)
-52 Week Range
Market Cap
2.52BAvg. Volume
10.38MDividend Yield
-Financial Metrics & Statements of Lightwave Logic Inc (LWLG)
FAQ's for Lightwave Logic Inc (LWLG)
- According to Musaffa’s Shariah screening methodology, Lightwave Logic Inc (LWLG) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.