Is Microvast Holdings, Inc. (MVSTW) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| DJIM | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| MSCI | 34.6% / 33% | 7.7% / 33% | 15.3% / 33% | 0.2% / 5% | ✗ NOT HALAL |
| S&P | N/A | N/A | N/A | N/A | ? INSUFFICIENT DATA |
| FTSE | 34.6% / 33% | 7.7% / 33% | 15.3% / 50% | 0.2% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 36.2% | |
| Operating Margin | 2.4% | |
| Net Margin | -6.8% | |
| Return on Equity (ROE) | -7.3% | |
| Return on Assets (ROA) | 2.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $76M |
| Free Cash Flow | $56M |
| Total Debt | $384M |
| Debt-to-Equity | 93.7 |
| Current Ratio | 0.9 |
| Total Assets | $1.0B |
Price & Trading
| Last Close | $0.02 |
| Beta | 3.5 |
|
52-Week Range
$0.02
| |
About Microvast Holdings, Inc. (MVSTW)
Microvast Holdings, Inc. engages in the design, development, and manufacturing of battery components and systems primarily for electric commercial vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, electrolyte formulation, full concentration gradient cathode, polyaramid separator, and nickel manganese cobalt. It also designs, develops, and manufactures components of lithium-ion batteries, such as cathode, anode, electrolytes, and separator. The company's commercial vehicle markets cover buses, trains, mining trucks, marine and port vehicles, and automated guided and specialty vehicles, as well as light, medium, and heavy-duty trucks. It operates in China, India, rest of the Asia Pacific, Italy, France, rest of Europe, and the United States. Microvast Holdings, Inc. was founded in 2006 and is headquartered in Stafford, Texas.
Related Halal Stocks in
Frequently Asked Questions
Is Microvast Holdings, Inc. (MVSTW) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Microvast Holdings, 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 Microvast Holdings, Inc.'s debt ratio?
Microvast Holdings, Inc.'s debt ratio is not available 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 34.6%.
What are Microvast Holdings, Inc.'s key financial metrics?
Microvast Holdings, Inc. has a market capitalization of N/A, and revenue of $428M. The company maintains a gross margin of 36.2% and a net margin of -6.8%. Return on equity stands at -7.3%.
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.