Is Lucid Group Inc stock halal to invest in?

Company Name
Company Symbol
Exchange
Lucid Group Inc
LCID
NASDAQ
LCID
Not Halal
Lucid Group Inc
NASDAQ

Warning: The result may change based on other methodologies. As of the recent update on Tuesday 24th of June 2025 , is considered as Not Halal based on FTSE methodology. To access full report and unlock the detailed results with associated ratios for 5 halal investment methodologies, you can click below.

Detailed report based on FTSE methodology

Activity filter

Main Activity
Activity test result
Auto Manufacturers
PASS

Lucid Group Inc

Lucid Group, Inc., a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services. The company is headquartered in Newark, California. Lucid Group, Inc. is a subsidiary of Ayar Third Investment Company.

Financial filter

Debt test

Total Debt
Interest free debt
Adjusted debt level
Total Asset
Debt Ratio
PASS or FAIL
6034294000
0
6034294000
9217969000
65.46%
FAIL

Cash test

Cash
Cash Eq.
Short Term Investment
Total Asset
Cash & Eq. ratio
PASS or FAIL
1854879000
0
1756026000
9217969000
39.17%
FAIL

Acid test

Cash
Cash Eq.
Net Accounts Receivables
Total Asset
Quick ratio
PASS or FAIL
1854879000
0
90328000
9217969000
21.1%
PASS

Non permissible income filter

Net Interest Income (Expense) as non-Operating

Total Non permissible and doubtful income
Total revenue
Non permissible and doubtful income ratio
PASS or FAIL
52209000
235048000000000
0%
PASS