Is AirJoule Technologies Corp. (AIRJ) Halal?

NASDAQ Industrials United States $199M
✓ HALAL
Confidence: 95/100
AirJoule Technologies Corp. (AIRJ) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.1% against the AAOIFI threshold of 30%, AirJoule Technologies Corp. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Building Products & Equipment), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.1%
/ 30%
11.8%
/ 30%
1.2%
/ 30%
N/A ✓ HALAL
DJIM 0.1%
/ 33%
11.8%
/ 33%
1.2%
/ 33%
N/A ✓ HALAL
MSCI 0.0%
/ 33%
7.6%
/ 33%
0.8%
/ 33%
N/A ✓ HALAL
S&P 0.1%
/ 33%
11.8%
/ 33%
1.2%
/ 33%
N/A ✓ HALAL
FTSE 0.0%
/ 33%
7.6%
/ 33%
0.8%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.16
P/B Ratio
0.6
EV/EBITDA
-11.6
EV: $153M
Revenue
$0
Beta
0.4
Low volatility
Current Ratio
14.1

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%
Return on Equity (ROE) -0.3%
Return on Assets (ROA) -2.2%

Cash Flow & Balance Sheet

Operating Cash Flow-$24M
Free Cash Flow-$24M
Total Debt$154,229
Debt-to-Equity0.0
Current Ratio14.1
Total Assets$370M

Price & Trading

Last Close$3.07
50-Day MA$3.28
200-Day MA$4.17
Avg Volume544K
Beta0.4
52-Week Range
$2.61
$6.75

About AirJoule Technologies Corp. (AIRJ)

CEO
Mr. Matthew B. Jore
Employees
17
Sector
Industrials
Industry
Building Products & Equipment
Country
United States
Exchange
NASDAQ
Market Cap
$199M
Currency
USD

AirJoule Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company also offers solutions, such as water from air, water recovery, cooling systems, and moisture control. The company was founded in 2018 and is headquartered in Ronan, Montana.

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Frequently Asked Questions

Is AirJoule Technologies Corp. (AIRJ) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AirJoule Technologies Corp. 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 AirJoule Technologies Corp.'s debt ratio?

AirJoule Technologies Corp.'s debt ratio is 0.1% 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 0.0%.

What are AirJoule Technologies Corp.'s key financial metrics?

AirJoule Technologies Corp. has a market capitalization of $199M. Return on equity stands at -0.3%.

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.