What is Lakeland Industries, Inc.'s Shariah compliance score?

Lakeland Industries, Inc. (LAKE) has a Shariah compliance score of 68/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does Lakeland Industries, Inc. pass AAOIFI screening?

Lakeland Industries, Inc. (LAKE) passes AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (LAKE: 22.7%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Lakeland Industries, Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Lakeland Industries, Inc. (LAKE) using the latest financial data.

Where can I screen Lakeland Industries, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Lakeland Industries, Inc. (LAKE) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about LAKE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LAKE: Is Lakeland Industries, Inc. Halal?

Lakeland Industries, Inc.

NASDAQConsumer CyclicalUS

$11.52

+1.23%

Market Cap: 113.7M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Acceptable

68Score

Is Lakeland Industries, Inc. (LAKE) halal? Halal. Based on AAOIFI screening, Lakeland Industries, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 68/100 (Grade: B).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

22.7% of 30.0% limit

What this means for you

You can own LAKE

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened LAKE's prohibited income, but the exact share you would need to purify is part of Pro.

About Lakeland Industries, Inc.

Lakeland Industries, Inc., together with its subsidiaries, manufactures and sells industrial protective clothing and accessories for the industrial and first responder markets. It offers firefighter protective apparel and accessories; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks. The company provides durable woven garments; high performance FR/AR apparel; and services for the inspection, cleaning, decontamination, maintenance, and repair of firefighting protective apparel. The company sells its products to a network of safety and industrial supply distributors through in-house sales teams, customer service group, and independent sales representatives. It serves end users, such as integrated oil, chemical/petrochemical, automobile, steel, glass, construction, smelting, cleanroom, janitorial, pharmaceutical, and high technology electronics manufacturers, as well as scientific, medical laboratories, and the utilities industry; and federal, state, and local governmental agencies and departments. The company has operations in the United States, Europe, Mexico, Asia, Canada, Latin America, and internationally. Lakeland Industries, Inc. was incorporated in 1982 and is headquartered in Huntsville, Alabama.

Sector: Consumer Cyclical · Industry: Apparel - Footwear & Accessories

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q1 2027Data source: EDGAR

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Frequently Asked Questions

Is Lakeland Industries, Inc. (LAKE) halal to invest in?

Based on AAOIFI Standard 21 screening, Lakeland Industries, Inc. (LAKE) is rated Halal with a compliance grade of B (Acceptable). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).

Why did Lakeland Industries, Inc. get a B compliance rating?

Lakeland Industries, Inc. (LAKE) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 22.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Lakeland Industries, Inc.'s Shariah verdict?

Lakeland Industries, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Lakeland Industries, Inc. re-screened for Shariah compliance?

Lakeland Industries, Inc. (LAKE) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.