What is Lesaka Technologies, Inc.'s Shariah compliance score?

Lesaka Technologies, Inc.'s (LSAK) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Lesaka Technologies, Inc. pass AAOIFI screening?

Lesaka Technologies, Inc. (LSAK) does not pass 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% (LSAK: 49.1%), (3) interest-bearing deposits below 30% (LSAK: 17.4%), and (4) prohibited income below 5% (LSAK: 0.4%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Lesaka Technologies, Inc. stock?

Lesaka Technologies, Inc. (LSAK) has a non-permissible income ratio of 0.40%. Muslim investors should purify this percentage of any dividends received and capital gains realized from LSAK shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Lesaka Technologies, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Lesaka Technologies, Inc. (LSAK) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about LSAK's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LSAK: Is Lesaka Technologies, Inc. Halal?

Lesaka Technologies, Inc.

NASDAQTechnologyZA

$4.85

-0.21%

Market Cap: 416.1M

Compliance Status

Not Halal

Screened on Jul 19, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Lesaka Technologies, Inc. (LSAK) halal? Not Halal. Based on AAOIFI screening, Lesaka Technologies, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

AvoidBorderlineClean

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

49.1% of 30.0% limit

What this means for you

Most scholars advise not holding LSAK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Lesaka Technologies, Inc.

Lesaka Technologies, Inc. is a prominent financial technology firm specializing in delivering essential fintech solutions to individuals and small businesses who are either unbanked or underbanked. While its primary focus is on South Africa, the company also serves international markets. Central to its strategy, Lesaka develops advanced payment technologies designed to facilitate a wide array of financial and value-added services for its diverse customer base. The company's operations are strategically divided into three core segments: Processing, Financial Services, and Technology. The Processing segment handles the end-to-end management of transaction data, including its collection, secure transmission, and efficient retrieval for clients. Through its Financial Services segment, Lesaka offers direct financial products such as bank accounts, various loan types (including short-term credit), and life insurance options. The Technology segment is responsible for the sale of hardware like point-of-sale (POS) devices, SIM cards, and other critical consumables, in addition to licensing the company's proprietary technology and providing associated technical services. Originally incorporated in 1997, the company, headquartered in Johannesburg, South Africa, was formerly known as Net 1 UEPS Technologies, Inc. It officially adopted the name Lesaka Technologies, Inc. in May 2022.

Sector: Technology · Industry: Software - Infrastructure

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 19, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q3 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

$608.16

+0.85%

0005.KLA+

UCrest Bhd

$0.07

+0.08%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

More Technology Stocks

MSFT

Microsoft Corporation

A+

GOOGL

Alphabet Inc.

A+

AAPL

Apple Inc.

A+

NVDA

NVIDIA Corporation

A+

CRM

Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

Track LSAK and 10,000+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

10,000+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Lesaka Technologies, Inc. (LSAK) halal to invest in?

Lesaka Technologies, Inc. (LSAK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Lesaka Technologies, Inc. get a F compliance rating?

Lesaka Technologies, Inc. (LSAK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 49.1% (limit 30%); interest-bearing deposits of 17.4% (limit 30%); prohibited income of 0.40% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Lesaka Technologies, Inc.'s Shariah verdict?

Lesaka Technologies, 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 Lesaka Technologies, Inc. re-screened for Shariah compliance?

Lesaka Technologies, Inc. (LSAK) 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: Jul 19, 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.