Shariah compliance overview
Not HalalLightwave Logic, Inc. (LWLG) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Lightwave Logic, Inc.
Lightwave Logic, Inc. focuses on the development and commercialization of electro-optic polymer materials for data communications and other photonic application in the United States and internationally.
Lightwave Logic, Inc. (LWLG) operates in the Basic Materials sector, in the Chemicals - Specialty industry.
Why it is not classified as halal: it does not pass these screens: Business Activity.
- Business Activity
- 78.05%Limit 5%Fail
- Interest-bearing debt
- 0.00%Limit 30%Pass
- Interest-bearing securities and assets
- 13.20%Limit 30%Pass
- Dividend purification
- 78.05%Share of dividends to give to charityPurification calculator
Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.
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Company Profile
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Frequently asked questions
Quick answers about Lightwave Logic, Inc. (LWLG). Current Akinda screening label: Not Halal.
