What is Lightspeed Commerce Inc.'s Shariah compliance score?

Lightspeed Commerce Inc.'s (LSPD) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Lightspeed Commerce Inc. pass AAOIFI screening?

Lightspeed Commerce Inc. (LSPD) 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% (LSPD: 1.4%), (3) interest-bearing deposits below 30% (LSPD: 32.5%), and (4) prohibited income below 5% (LSPD: 1.7%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Lightspeed Commerce Inc. stock?

Lightspeed Commerce Inc. (LSPD) has a non-permissible income ratio of 1.73%. Muslim investors should purify this percentage of any dividends received and capital gains realized from LSPD 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 Lightspeed Commerce Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Lightspeed Commerce Inc. (LSPD) 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 LSPD's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

LSPD: Is Lightspeed Commerce Inc. Halal?

Not Halal

Lightspeed Commerce Inc.

NYSETechnologyCA

$9.68

-2.12%

Compliance Status

Not Halal

Screened on Jul 9, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Lightspeed Commerce Inc. (LSPD) halal? Not Halal. Based on AAOIFI screening, Lightspeed Commerce 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

Well clear of the limit

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

1.4% of 30.0% limit

What this means for you

Most scholars advise not holding LSPD

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Lightspeed Commerce Inc.

Lightspeed Commerce Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Australia, the Netherlands, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc. The company's cloud platforms are designed interrelated elements, such as omni-channel consumer experience, a comprehensive back-office operations management suite to improve customers' efficiency and insight, and the facilitation of payments. Its platform functionalities include full omni-channel capabilities, point of sale (POS), product and menu management, employee and inventory management, analytics and reporting, multi-location connectivity, order-ahead and curbside pickup functionality, loyalty, and customer management solutions. The company also offers tailored financial solutions, such as Lightspeed Analytics; Lightspeed Payments; and Lightspeed Capital, a merchant cash advance program. In addition, it sells POS peripheral hardware, including tablets, customer facing displays, receipt printers, networking hardware, cash drawers, payment terminals, servers, stands, bar-code scanners, and an assortment of accessories, as well as provides installation and implementation services. The company was formerly known as Lightspeed POS Inc. and changed its name to Lightspeed Commerce Inc. in August 2021. Lightspeed Commerce Inc. was incorporated in 2005 and is headquartered in Montréal, Canada.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 9, 2026

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Company debtWell clear of the limit1.4% / 30.0%

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

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.

Screened: Jul 9, 2026Fiscal: FY 2026Source: FMP

Financial Overview

Market Cap

1.3B

Price

$9.68

Sector

Technology

Industry

Software - Application

Halal Alternatives in Technology

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

0005.KLA+

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Willowglen MSC Bhd

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0010.KLA+

IRIS Corporation Bhd

$0.23

+0.00%

0023.KLA+

IFCA MSC Bhd

$0.21

+0.05%

0026.KLA+

Nova MSC Bhd

$0.07

+0.00%

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Frequently Asked Questions

Is Lightspeed Commerce Inc. (LSPD) halal to invest in?

Lightspeed Commerce Inc. (LSPD) 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 Lightspeed Commerce Inc. get a F compliance rating?

Lightspeed Commerce Inc. (LSPD) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.4% (limit 30%); interest-bearing deposits of 32.5% (limit 30%); prohibited income of 1.73% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Lightspeed Commerce Inc.'s Shariah verdict?

Lightspeed Commerce 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 Lightspeed Commerce Inc. re-screened for Shariah compliance?

Lightspeed Commerce Inc. (LSPD) 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 9, 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.