Is STEM, INC. (STEM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 533.5% / 30% | 55.4% / 30% | 58.4% / 30% | 447.64% / 5% | ✗ NOT HALAL |
| DJIM | 533.5% / 33% | 55.4% / 33% | 58.4% / 33% | 447.64% / 5% | ✗ NOT HALAL |
| MSCI | 123.9% / 33% | 12.9% / 33% | 13.6% / 33% | 447.64% / 5% | ✗ NOT HALAL |
| S&P | 533.5% / 33% | 55.4% / 33% | 58.4% / 33% | 447.64% / 5% | ✗ NOT HALAL |
| FTSE | 123.9% / 33% | 12.9% / 33% | 13.6% / 50% | 447.64% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 39.7% | |
| Operating Margin | 8.3% | |
| Net Margin | 88.2% | |
| Return on Assets (ROA) | -7.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $7M |
| Free Cash Flow | $259,000 |
| Total Debt | $325M |
| Current Ratio | 0.9 |
| Total Assets | $309M |
Price & Trading
| Last Close | $9.72 |
| 50-Day MA | $12.78 |
| 200-Day MA | $15.20 |
| Avg Volume | 222K |
| Beta | 1.4 |
|
52-Week Range
$5.82
| |
About STEM, INC. (STEM)
Stem, Inc. engages in the development, deployment, and operation of clean energy assets in the United States and internationally. The company offers OEM energy storage systems, and edge hardware devices and solutions. It also provides PowerTrack, an integrated suite of software and solutions for solar, storage, and hybrid assets, including software, energy management system, supervisory control and data acquisition, power plant controller, logger, and optimizer. In addition, the company offers energy optimization software, asset management software, and advisory services; managed services, including the design, procurement, commissioning, operation, and optimization of energy storage and hybrid systems; and professional services to support solar and storage projects, as well as the sale of project assets. It serves developers, asset owners, engineering, procurement and construction firms, distributors, commercial and industrial customers, utilities, and independent power producers. Stem, Inc. was incorporated in 2009 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is STEM, INC. (STEM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), STEM, 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 STEM, INC.'s debt ratio?
STEM, INC.'s debt ratio is 533.5% 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 123.9%.
What are STEM, INC.'s key financial metrics?
STEM, INC. has a market capitalization of $75M, and revenue of $156M. The company maintains a gross margin of 39.7% and a net margin of 88.2%.
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.