LYFT3
Lyft Bike & Scooter (parent-company proxy)
Is LYFT3 Halal?
Micromobility — permissible transportation service.
What You Should Know
Micromobility (bikes and scooters) is a permissible transportation service. The March 31, 2026 Lyft filing gives a parent-company proxy of debt/assets 11.73%, liquidity/assets 19.36%, receivables plus cash/assets 14.92% and disclosed interest income/revenue 1.95%. Bike and Scooter-specific financials and activity revenue are not separately disclosed, so the quantitative result is methodology-dependent.
⚠️ Concerns
- •Parent-company ratios are not standalone Bike and Scooter figures
- •Lyft rideshare, insurance and ancillary activities are not allocated to the alias
- •Segment revenue is not separately quantified
Current quantitative Sharia screen
Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-14.
1,042.735 / 8,889.967
1,720.935 / 8,889.967
1,326.146 / 8,889.967
32.2 / 1,650.489
- Financial
- Pass
- Overall
- Incomplete
Parent-proxy debt is 11.73%, liquidity is 19.36%, receivables plus cash are 14.92% and disclosed interest income is 1.95%, below the examined limits; micromobility activity remains incomplete.
- Financial
- Pass
- Overall
- Incomplete
Parent-proxy debt, liquidity and receivables-plus-cash are 11.73%, 19.36% and 14.92%, below the examined 33.33% total-assets limits; this is not a Bike and Scooter standalone or index-membership claim.
- Financial
- Pass
- Overall
- Incomplete
Parent-proxy debt and identifiable liquidity are 11.73% and 19.36%, below the examined 33% limits; the calculation is not an official classification and segment activity remains incomplete.
- Financial
- Not calculated
- Overall
- Not calculated
A properly licensed and reproducible 24- or 36-month issuer market-cap history is not stored, so market-cap methods are not estimated from a current spot price.
Business-activity disclosure
Bike and Scooter micromobility is a generally permissible transportation service. The LYFT3 route is a Lyft parent-company alias, and Lyft does not isolate the micromobility segment sufficiently for a complete issuer-level Sharia screen.
Limitation: Lyft does not disclose a reproducible prohibited-revenue numerator or standalone Bike and Scooter balance sheet and income statement in the filing used here.
Purification
Parent-proxy interest income is 1.95% of quarterly revenue, but Bike and Scooter-specific income and a scholar-approved purification numerator are unavailable; no fixed amount is prescribed.
Inputs, assumptions and primary sources
- This is a parent-company proxy for the preserved LYFT3 Bike and Scooter route; Lyft does not publish a standalone micromobility balance sheet for this screen.
- Debt includes 986.618 of non-current long-term debt and 56.117 of current debt.
- Cash is 1,034.869 and short-term investments are 686.066; restricted cash and restricted investments are excluded.
- Enterprise and trade receivables, net are 291.277 and quarterly revenue is 1,650.489.
- The filing reports 32.2 of interest income included in other income, net, or 1.95% of quarterly revenue. Bike and Scooter revenue and prohibited-activity revenue are not separately quantified.
This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.
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