LWLG Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 24, 2026

Report Source: 2025 Annual Report

Lightwave Logic Inc

Lightwave Logic Inc. Stock Analysis LWLG

United States Industrials Mid Cap Report:
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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Lightwave Logic Inc (LWLG) Chart

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

$13.50$14.35

Today's Open

$14.10

Volume

7.91M

P/E Ratio (TTM)

-

52 Week Range

$0.92$18.71

Market Cap

2.52B

Avg. Volume

10.38M

Dividend 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.

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