Is Evolution Metals & Technologies Corp. (EMAT) Halal?

NASDAQ Basic Materials United States $4.1B
✓ HALAL
Confidence: 83/100
Evolution Metals & Technologies Corp. (EMAT) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 0.1% against the AAOIFI threshold of 30%, Evolution Metals & Technologies Corp. comfortably passes the key financial ratio tests. The company operates in the Basic Materials sector (Other Industrial Metals & Mining), 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 0.1%
/ 30%
0.0%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.1%
/ 33%
0.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 78.1%
/ 33%
0.1%
/ 33%
0.0%
/ 33%
N/A ✗ NOT HALAL
S&P 0.1%
/ 33%
0.0%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 78.1%
/ 33%
0.1%
/ 33%
0.0%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$0.00
P/B Ratio
-0.1
Revenue
$0
Beta
-0.1
Low volatility
Current Ratio
0.2

Profitability

Gross Margin 0.0%
Operating Margin 0.0%
Net Margin 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow-$1M
Free Cash Flow-$1M
Total Debt$5M
Current Ratio0.2
Total Assets$7M

Price & Trading

Last Close$6.85
50-Day MA$8.17
200-Day MA$8.88
Avg Volume229K
Beta-0.1
52-Week Range
$5.50
$24.09

About Evolution Metals & Technologies Corp. (EMAT)

CEO
Mr. Frank Moon
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
United States
Exchange
NASDAQ
Market Cap
$4.1B
Currency
USD

Evolution Metals & Technologies Corp. critical materials and advanced manufacturing company. It focuses on non-China-dependent supply chain for rare earth permanent magnets, battery materials, and related critical technologies. The company is based in West Palm Beach, Florida.

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Frequently Asked Questions

Is Evolution Metals & Technologies Corp. (EMAT) halal to invest in?

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

Evolution Metals & 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 78.1%.

What are Evolution Metals & Technologies Corp.'s key financial metrics?

Evolution Metals & Technologies Corp. has a market capitalization of $4.1B.

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.