Is Maxeon Solar Technologies, Ltd. (MAXN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 810.4% / 30% | 75.2% / 30% | 32.7% / 30% | 0.41% / 5% | ✗ NOT HALAL |
| DJIM | 810.4% / 33% | 75.2% / 33% | 32.7% / 33% | 0.41% / 5% | ✗ NOT HALAL |
| MSCI | 82.8% / 33% | 7.7% / 33% | 3.3% / 33% | 0.41% / 5% | ✗ NOT HALAL |
| S&P | 810.4% / 33% | 75.2% / 33% | 32.7% / 33% | 0.41% / 5% | ✗ NOT HALAL |
| FTSE | 82.8% / 33% | 7.7% / 33% | 3.3% / 50% | 0.41% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -137.5% | |
| Operating Margin | -164.2% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -51.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$270M |
| Free Cash Flow | -$322M |
| Total Debt | $311M |
| Current Ratio | 0.8 |
| Total Assets | $376M |
Price & Trading
| Last Close | $1.47 |
| 50-Day MA | $2.54 |
| 200-Day MA | $3.28 |
| Avg Volume | 233K |
| Beta | 1.1 |
|
52-Week Range
$1.42
| |
About Maxeon Solar Technologies, Ltd. (MAXN)
Maxeon Solar Technologies, Ltd., a marketers of solar power technology, designs, manufactures, markets, and sells solar panels for residential, commercial, and power plant customers. The company was incorporated in 2019 and is headquartered in Singapore. Maxeon Solar Technologies, Ltd. operates as a subsidiary of TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
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Frequently Asked Questions
Is Maxeon Solar Technologies, Ltd. (MAXN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Maxeon Solar Technologies, Ltd. 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 Maxeon Solar Technologies, Ltd.'s debt ratio?
Maxeon Solar Technologies, Ltd.'s debt ratio is 810.4% 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 82.8%.
What are Maxeon Solar Technologies, Ltd.'s key financial metrics?
Maxeon Solar Technologies, Ltd. has a market capitalization of $25M, trailing P/E ratio of 0.0, and revenue of $509M.
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.