Is Polestar Automotive Holding UK PLC (PSNY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 330.8% / 30% | 48.8% / 30% | 26.3% / 30% | 1.04% / 5% | ✗ NOT HALAL |
| DJIM | 330.8% / 33% | 48.8% / 33% | 26.3% / 33% | 1.04% / 5% | ✗ NOT HALAL |
| MSCI | 123.6% / 33% | 18.2% / 33% | 9.8% / 33% | 1.04% / 5% | ✗ NOT HALAL |
| S&P | 330.8% / 33% | 48.8% / 33% | 26.3% / 33% | 1.04% / 5% | ✗ NOT HALAL |
| FTSE | 123.6% / 33% | 18.2% / 33% | 9.8% / 50% | 1.04% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -32.7% | |
| Operating Margin | -28.7% | |
| Net Margin | -105.9% | |
| Return on Assets (ROA) | -28.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$991M |
| Free Cash Flow | -$1.3B |
| Total Debt | $5.0B |
| Current Ratio | 0.4 |
| Total Assets | $4.1B |
Price & Trading
| Last Close | $17.07 |
| 50-Day MA | $17.60 |
| 200-Day MA | $24.37 |
| Avg Volume | 257K |
| Beta | 1.7 |
|
52-Week Range
$11.75
| |
About Polestar Automotive Holding UK PLC (PSNY)
Polestar Automotive Holding UK PLC engages in the research and development, marketing, commercialization, and sale of battery electric vehicles and related technology solutions. The company offers battery electric vehicles, including Polestar 2 (PS2), a fast-back sedan; Polestar 3 (PS3), an aero sport-utility vehicle; Polestar 4 (PS4), a sport utility vehicle; Polestar 5 (PS5), a sport grand-touring sedan; and Polestar 6 (PS6), a roadster. It also provides vehicle accessories; software and performance engineered kits; and carbon credits, as well as vehicle leasing. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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Frequently Asked Questions
Is Polestar Automotive Holding UK PLC (PSNY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Polestar Automotive Holding UK 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 Polestar Automotive Holding UK PLC's debt ratio?
Polestar Automotive Holding UK PLC's debt ratio is 330.8% 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 123.6%.
What are Polestar Automotive Holding UK PLC's key financial metrics?
Polestar Automotive Holding UK PLC has a market capitalization of $1.6B, and revenue of $2.0B. The company maintains a gross margin of -32.7% and a net margin of -105.9%.
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.