Is LCID (Lucid Group Inc.) halal?

Q: Is LCID (Lucid Group Inc.) halal?

HALAL: Electric vehicles — permissible EV manufacturer. Lucid makes luxury electric vehicles. Core business is permissible. Significant backing from Saudi Arabia's PIF.

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LCID

Lucid Group Inc.

HALAL

Score: 78/100

stock

Is LCID Halal?

Electric vehicles — permissible EV manufacturer.

What You Should Know

Lucid makes luxury electric vehicles. Core business is permissible. Significant backing from Saudi Arabia's PIF.

⚠️ Concerns

•Significant losses while scaling
•High cash burn

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