Is ACORN ENERGY, INC. (ACFN) Halal?

NASDAQ Technology United States $47M
✓ HALAL
Confidence: 95/100
ACORN ENERGY, INC. (ACFN) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.2% against the AAOIFI threshold of 30%, ACORN ENERGY, INC. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Scientific & Technical Instruments), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.2%
/ 30%
4.8%
/ 30%
4.0%
/ 30%
0.67%
/ 5%
✓ HALAL
DJIM 0.2%
/ 33%
4.8%
/ 33%
4.0%
/ 33%
0.67%
/ 5%
✓ HALAL
MSCI 0.9%
/ 33%
22.0%
/ 33%
18.3%
/ 33%
0.67%
/ 5%
✓ HALAL
S&P 0.2%
/ 33%
4.8%
/ 33%
4.0%
/ 33%
0.67%
/ 5%
✓ HALAL
FTSE 0.9%
/ 33%
22.0%
/ 33%
18.3%
/ 50%
0.67%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
18.9
EPS
$0.99
P/B Ratio
5.7
EV/EBITDA
20.7
EV: $44M
Revenue
$11M
Growth: -32.6%
Beta
0.1
Low volatility
Current Ratio
1.8

Profitability

Gross Margin 76.8%
Operating Margin 11.7%
Net Margin 21.9%
Return on Equity (ROE) 36.6%
Return on Assets (ROA) 10.4%

Cash Flow & Balance Sheet

Operating Cash Flow$2M
Free Cash Flow$2M
Total Debt$1M
Debt-to-Equity12.5
Current Ratio1.8
Total Assets$13M

Price & Trading

Last Close$19.17
50-Day MA$18.75
200-Day MA$20.82
Avg Volume36K
Beta0.1
52-Week Range
$12.42
$33.00

About ACORN ENERGY, INC. (ACFN)

CEO
Mr. Jan H. Loeb
Employees
26
Sector
Technology
Industry
Scientific & Technical Instruments
Country
United States
Exchange
NASDAQ
Market Cap
$47M
Currency
USD

Acorn Energy, Inc., through its subsidiary, develops and markets wireless remote monitoring and control systems in the United States and internationally. It operates through two segments: Power Generation (“PG”) and Cathodic Protection (“CP”). The company offers wireless remote monitoring and control systems and IoT applications for residential and commercial/industrial power generation equipment; and power generator monitors and AIRGuard products, which remotely monitors and controls industrial air compressors. It also provides OmniPro commercial monitor and the Omni residential monitor platforms designed to enhance connectivity, reliability and performance in remote monitoring systems; and remote monitoring and control products for cathodic protection systems on gas pipelines serving the gas utilities market and pipeline operators; and first RAD, a remote AC mitigation disconnect that mounts onto existing solid-state decouplers in the field and can remotely disconnect/connect these AC mitigation tools, as well as offers solutions to remotely monitor and control rectifiers, test stations, and bonds. In addition, it offers monitoring devices for generators, industrial air compressors and annunciator products. The company has a strategic partnership with AIO Systems, Ltd. to expand the company's infrastructure asset management technology offerings for cell towers, data centers, and utility assets in North America. The company was incorporated in 1986 and is based in Wilmington, Delaware.

Purification Calculator

As a halal stock with 0.67% impermissible income, you need to purify your dividends.

Enter your dividends to calculate purification amount

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Frequently Asked Questions

Is ACORN ENERGY, INC. (ACFN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), ACORN ENERGY, INC. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is ACORN ENERGY, INC.'s debt ratio?

ACORN ENERGY, INC.'s debt ratio is 0.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.9%.

Does ACORN ENERGY, INC. require dividend purification?

Yes, ACORN ENERGY, INC. has an impermissible income ratio of 0.67%, which means 0.67% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are ACORN ENERGY, INC.'s key financial metrics?

ACORN ENERGY, INC. has a market capitalization of $47M, trailing P/E ratio of 18.9, and revenue of $11M. The company maintains a gross margin of 76.8% and a net margin of 21.9%. Return on equity stands at 36.6%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.