Is LSTR (Landstar System Inc.) halal?

Q: Is LSTR (Landstar System Inc.) halal?

HALAL: Asset-light freight logistics broker — permissible transportation services business. Landstar operates an asset-light, technology-enabled freight transportation network connecting shippers with independent owner-operator truck drivers and third-party carriers. Freight brokerage and transportation services are clearly permissible. Landstar has minimal debt, strong free cash flow, and passes all standard Sharia screens with significant headroom.

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LSTR

Landstar System Inc.

HALAL

Score: 88/100

stock

Is LSTR Halal?

Asset-light freight logistics broker — permissible transportation services business.

What You Should Know

Landstar operates an asset-light, technology-enabled freight transportation network connecting shippers with independent owner-operator truck drivers and third-party carriers. Freight brokerage and transportation services are clearly permissible. Landstar has minimal debt, strong free cash flow, and passes all standard Sharia screens with significant headroom.

⚠️ Concerns

•Minor interest income on cash reserves

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