Is LVWR halal?
LiveWire Group, Inc.
Halal
LiveWire Group, 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
NYSE
Price
1.585
Day
-3.35%
Market cap
$318.4M
Industry
Recreational Vehicles
Sector
Consumer Cyclical
What the company does
LiveWire is the electric-motorcycle brand spun out of Harley-Davidson (S2 models) plus STACYC electric balance bikes for kids (about 75% of revenue). Harley-Davidson owns 89%; its money comes from motorcycle and bike 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 $76.82M ÷ 36-month average market cap $1.03B = 7.5%
7.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $52.87M ÷ 36-month average market cap $1.03B = 5.1%
5.1%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $1.17M ÷ annual revenue $25.67M (2025) = 4.5%
4.5%
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: $318.39M.
For information (AAOIFI 3/1 note): cash + receivables are 49.1% 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
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1056 of 1454
- Held by funds
- Not held by any tracked fund
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 16 September 2026. Conclusion:
LiveWire Group (Harley-Davidson 89% ega) — elektr mototsikllar ($6.1M) va STACYC bolalar balans-velosipedlari/e-bike ($19.6M), jami $25.7M. 'Recreational Vehicles' sohasi kaptiv moliya (Harley'dagi HDFS) tufayli navbatga tushadi — LEKIN HDFS Harley-Davidson'ning o'z sho'ba korxonasi, LiveWire'niki EMAS: 10-K da 'sales ... are financed by the purchasing dealers through HDFS, a wholly owned subsidiary of H-D'; LiveWire faqat tovar pulini 30 kun ichida oladi, foiz/komissiya olmaydi. Alkogol/qimor/harbiy NOL. ⚠️ Moliyaviy skrin uchun: 2025 foiz daromadi $1.2M (money market) = daromadning 4.5%i — chegaraga yaqin; 2024 da $5.7M / $26.6M = 21% edi. Bu faoliyat emas, nisbat masalasi — auto-skrin o'zi ushlaydi
Halal stocks in the same industry
The largest halal stocks in Recreational Vehicles — 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.