Is LSI Industries Inc. (LYTS) halal? Halal. Based on AAOIFI screening, LSI Industries Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 94/100 (Grade: A+).

LSI Industries Inc.

LYTS: Is LSI Industries Inc. Halal?

Halal

LSI Industries Inc.

NASDAQTechnologyUS

$24.95

-0.99%

About LSI Industries Inc.

LSI Industries Inc. provides non-residential lighting and retail display solutions to customers across the United States, Canada, Mexico, Australia, and Latin America. The company's operations are organized into two key segments: Lighting and Display Solutions. The Lighting segment is responsible for the manufacturing, marketing, and sale of illumination products for commercial and institutional outdoor and indoor environments. This division also furnishes sophisticated lighting control systems, including sensors, photocontrols, dimmers, motion detection, and Bluetooth integration. Furthermore, it designs, engineers, and produces electronic circuit boards, assemblies, and sub-assemblies. The Display Solutions segment specializes in the creation, sale, and installation of exterior and interior visual branding and merchandising elements. Its extensive product range includes printed and structural graphics, digital signage, menu board systems, various display fixtures, and both refrigerated and non-refrigerated custom displays. Specific examples encompass signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior marketing visuals, aisle markers, and wall murals. Beyond products, this segment delivers comprehensive program management services, such as installation oversight, site surveys, permitting, and content management, vital for executing large-scale rollout programs. LSI Industries serves a broad spectrum of markets, including petroleum and convenience stores, parking lots and garages, quick-service restaurants, retail and grocery establishments, automotive businesses, warehouses, and sports complexes. The company, founded in 1976, is headquartered in Cincinnati, Ohio.

Sector: Technology 路 Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 17, 2026
A+

Excellent

Exceptionally strong compliance

94Score

Business Activity Screen

Passed

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

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap6.2% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 17, 2026Fiscal: FY 2025Source: FMP

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Financial Overview

Market Cap

777.7M

Price

$24.95

Sector

Technology

Industry

Hardware, Equipment & Parts

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Frequently Asked Questions

Is LSI Industries Inc. (LYTS) halal to invest in?
Based on AAOIFI Standard 21 screening, LSI Industries Inc. (LYTS) is rated Halal with a compliance grade of A+ (Excellent). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did LSI Industries Inc. get a A+ compliance rating?
LSI Industries Inc. (LYTS) received a grade of A+ (Excellent) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 6.2% (limit 30%); interest-bearing deposits of 0.4% (limit 30%); prohibited income of 0.00% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change LSI Industries Inc.'s Shariah verdict?
LSI Industries 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 LSI Industries Inc. re-screened for Shariah compliance?
LSI Industries Inc. (LYTS) 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: Jun 17, 2026.

Screened according to AAOIFI Standard No. 21 路 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.