Is Fusion Fuel Green PLC (HTOO) Halal?

NASDAQ Utilities Ireland $8M
✗ NOT HALAL
Confidence: 90/100
Fusion Fuel Green PLC (HTOO) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 86.42% exceeds the 5% threshold allowed under AAOIFI. Fusion Fuel Green PLC operates in the Utilities sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 28.9%
/ 30%
2.8%
/ 30%
39.1%
/ 30%
86.42%
/ 5%
✗ NOT HALAL
DJIM 28.9%
/ 33%
2.8%
/ 33%
39.1%
/ 33%
86.42%
/ 5%
✗ NOT HALAL
MSCI 7.9%
/ 33%
0.8%
/ 33%
10.7%
/ 33%
86.42%
/ 5%
✗ NOT HALAL
S&P 28.9%
/ 33%
2.8%
/ 33%
39.1%
/ 33%
86.42%
/ 5%
✗ NOT HALAL
FTSE 7.9%
/ 33%
0.8%
/ 33%
10.7%
/ 50%
86.42%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-15.38
P/B Ratio
0.2
EV/EBITDA
-0.1
EV: $1M
Revenue
$2M
Beta
1.7
High volatility
Current Ratio
0.4

Profitability

Gross Margin 27.0%
Operating Margin -41.2%
Net Margin -95.9%
Return on Equity (ROE) -173.0%
Return on Assets (ROA) -21.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$8M
Free Cash Flow-$8M
Total Debt$2M
Debt-to-Equity27.4
Current Ratio0.4
Total Assets$28M

Price & Trading

Last Close$2.66
50-Day MA$3.40
200-Day MA$4.48
Avg Volume232K
Beta1.7
52-Week Range
$2.41
$13.62

About Fusion Fuel Green PLC (HTOO)

CEO
Mr. John-Paul Backwell
Employees
131
Sector
Utilities
Industry
Utilities - Renewable
Country
Ireland
Exchange
NASDAQ
Market Cap
$8M
Currency
USD

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator. It also provides engineering and procurement services; FEL I, II, and III studies; construction and legalization services; and operation and maintenance services. In addition, the company is involved in hydrogen project development. It serves natural gas networks and grids, oil refineries, ammonia producers, regulators, and related government departments. Fusion Fuel Green PLC was founded in 2018 and is based in Dublin, Ireland.

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Frequently Asked Questions

Is Fusion Fuel Green PLC (HTOO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fusion Fuel Green PLC 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 Fusion Fuel Green PLC's debt ratio?

Fusion Fuel Green PLC's debt ratio is 28.9% 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 7.9%.

What are Fusion Fuel Green PLC's key financial metrics?

Fusion Fuel Green PLC has a market capitalization of $8M, and revenue of $2M. The company maintains a gross margin of 27.0% and a net margin of -95.9%. Return on equity stands at -173.0%.

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.