Is LITE halal?
Lumentum Holdings Inc.
Halal
Lumentum Holdings Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 15 October 2026
Exchange
NASDAQ
Price
824.13
Day
-5.22%
Market cap
$76.92B
Industry
Communication Equipment
Sector
Technology
What the company does
Lumentum makes optical components: lasers and optical transceivers for data centers and telecom networks (connecting AI servers), plus 3D-sensing lasers. Its money comes from component sales.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $1.64B ÷ 36-month average market cap $17.77B = 9.2%
9.2%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $2.74B ÷ 36-month average market cap $17.77B = 15.4%
15.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $60.20M ÷ annual revenue $3.01B (2026) = 2.0%
2.0%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $76.92B.
For information (AAOIFI 3/1 note): cash + receivables are 44.6% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- 0.12% weight · #151 of 503
- Among halal stocks
- 0.11% · #115 of 1454
- Held by funds
- SPUS 0.20% · SPTE 0.19%
Superinvestors
SEC 13F, 2026 Q3. Up to 45 days delayed.Held by 2 superinvestors · Average reported price: $858.06
- Lee AinslieMaverick Capital$886K0.0%
- Polen Capital Management$209K0.0%
Exited this quarter: Chase Coleman
All superinvestor portfoliosHalal stocks in the same industry
The largest halal stocks in Communication Equipment — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.