Is Clean Energy Technologies, Inc. (CETY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 54.6% / 30% | 0.8% / 30% | 30.4% / 30% | 4.31% / 5% | ✗ NOT HALAL |
| DJIM | 54.6% / 33% | 0.8% / 33% | 30.4% / 33% | 4.31% / 5% | ✗ NOT HALAL |
| MSCI | 45.6% / 33% | 0.7% / 33% | 25.5% / 33% | 4.31% / 5% | ✗ NOT HALAL |
| S&P | 54.6% / 33% | 0.8% / 33% | 30.4% / 33% | 4.31% / 5% | ✗ NOT HALAL |
| FTSE | 45.6% / 33% | 0.7% / 33% | 25.5% / 50% | 4.31% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 58.7% | |
| Operating Margin | -172.6% | |
| Net Margin | -192.3% | |
| Return on Equity (ROE) | -82.2% | |
| Return on Assets (ROA) | -14.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$4M |
| Total Debt | $4M |
| Debt-to-Equity | 52.2 |
| Current Ratio | 1.2 |
| Total Assets | $10M |
Price & Trading
| Last Close | $0.76 |
| 50-Day MA | $0.79 |
| 200-Day MA | $2.22 |
| Avg Volume | 698K |
| Beta | -1.2 |
|
52-Week Range
$0.46
| |
About Clean Energy Technologies, Inc. (CETY)
Clean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States and internationally. It operates through four segments: Clean Energy HRS & CETY Europe, CETY Renewables Waste to Energy Solutions, Engineering and Manufacturing Business, and CETY HK. The company offers Clean Cycle generator, which captures wasted heat energy and produce electricity. It also converts waste products from manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, the company offers engineering, consulting, and project management solutions. Further, the company is involved in the sourcing and suppling of natural gas to industries and municipalities located in the southern part of Sichuan Province and portions of Yunnan Province. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. Clean Energy Technologies, Inc. was founded in 1993 and is headquartered in Irvine, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investment I Ltd.
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Frequently Asked Questions
Is Clean Energy Technologies, Inc. (CETY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Clean Energy Technologies, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Clean Energy Technologies, Inc.'s debt ratio?
Clean Energy Technologies, Inc.'s debt ratio is 54.6% 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 45.6%.
What are Clean Energy Technologies, Inc.'s key financial metrics?
Clean Energy Technologies, Inc. has a market capitalization of $12M, and revenue of $2M. The company maintains a gross margin of 58.7% and a net margin of -192.3%. Return on equity stands at -82.2%.
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.