Is FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 108.5% / 30% | 7.8% / 30% | 0.0% / 30% | 35859.93% / 5% | ✗ NOT HALAL |
| DJIM | 108.5% / 33% | 7.8% / 33% | 0.0% / 33% | 35859.93% / 5% | ✗ NOT HALAL |
| MSCI | 23.3% / 33% | 1.7% / 33% | 0.0% / 33% | 35859.93% / 5% | ✗ NOT HALAL |
| S&P | 108.5% / 33% | 7.8% / 33% | 0.0% / 33% | 35859.93% / 5% | ✗ NOT HALAL |
| FTSE | 23.3% / 33% | 1.7% / 33% | 0.0% / 50% | 35859.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 0.0% | |
| Operating Margin | -180889.2% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -816.3% | |
| Return on Assets (ROA) | -32.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$70M |
| Free Cash Flow | -$78M |
| Total Debt | $99M |
| Current Ratio | 0.4 |
| Total Assets | $425M |
Price & Trading
| Last Close | $0.26 |
| 50-Day MA | $0.63 |
| 200-Day MA | $1.38 |
| Avg Volume | 13.3M |
| Beta | 5.5 |
|
52-Week Range
$0.23
| |
About FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)
Faraday Future Intelligent Electric Inc. engages in the design, development, manufacture, engineering, distribution, and sale of electric vehicles and related products in the United States. The company's technology comprises variable platform architecture, propulsion system, Internet, autonomous driving, and intelligence system. It offers products, including FF 91 series, the FX 5 series, the FX 6 series, and the FX Super One series. The company has a strategic collaboration with Hebei Huanzhou Automobile Sales Co., Ltd. for the development, production, scaled deliveries, and sales of a battery electric version of the Super One for the united States market. Faraday Future Intelligent Electric Inc. was formerly known as Faraday&Future Inc. and changed its name to Faraday Future Intelligent Electric Inc. in July 2022. The company was founded in 2014 and is headquartered in Gardena, California.
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Frequently Asked Questions
Is FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), FARADAY FUTURE INTELLIGENT ELECTRIC 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 FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s debt ratio?
FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s debt ratio is 108.5% 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 23.3%.
What are FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s key financial metrics?
FARADAY FUTURE INTELLIGENT ELECTRIC INC. has a market capitalization of $50M, and revenue of $539,000. Return on equity stands at -816.3%.
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.