Is Beam Global (BEEM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 7.0% / 30% | 16.7% / 30% | 29.3% / 30% | 0.42% / 5% | ✓ HALAL |
| DJIM | 7.0% / 33% | 16.7% / 33% | 29.3% / 33% | 0.42% / 5% | ✓ HALAL |
| MSCI | 3.1% / 33% | 7.4% / 33% | 13.1% / 33% | 0.42% / 5% | ✓ HALAL |
| S&P | 7.0% / 33% | 16.7% / 33% | 29.3% / 33% | 0.42% / 5% | ✓ HALAL |
| FTSE | 3.1% / 33% | 7.4% / 33% | 13.1% / 50% | 0.42% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 15.0% | |
| Operating Margin | -84.2% | |
| Net Margin | -105.9% | |
| Return on Equity (ROE) | -80.3% | |
| Return on Assets (ROA) | -21.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$3M |
| Total Debt | $2M |
| Debt-to-Equity | 5.9 |
| Current Ratio | 2.0 |
| Total Assets | $61M |
Price & Trading
| Last Close | $1.44 |
| 50-Day MA | $1.56 |
| 200-Day MA | $2.08 |
| Avg Volume | 1.4M |
| Beta | 1.3 |
|
52-Week Range
$1.33
| |
About Beam Global (BEEM)
Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions in the United States and Romania. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory-installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs. The company is also involved in the development of EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlight's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. It offers solutions for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, street lighting, telecommunications, energy infrastructure, and outdoor media and branding industries. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.
Purification Calculator
As a halal stock with 0.42% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Beam Global (BEEM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Beam Global 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 Beam Global's debt ratio?
Beam Global's debt ratio is 7.0% 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 3.1%.
Does Beam Global require dividend purification?
Yes, Beam Global has an impermissible income ratio of 0.42%, which means 0.42% 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 Beam Global's key financial metrics?
Beam Global has a market capitalization of $26M, and revenue of $49M. The company maintains a gross margin of 15.0% and a net margin of -105.9%. Return on equity stands at -80.3%.
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.