Is Solidion Technology Inc. (STI) Halal?

NASDAQ Industrials United States $46M
✓ HALAL
Confidence: 95/100
Solidion Technology Inc. (STI) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 8.2% against the AAOIFI threshold of 30%, Solidion Technology Inc. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Electrical Equipment & Parts), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.2%
/ 30%
11.2%
/ 30%
1.0%
/ 30%
N/A ✓ HALAL
DJIM 8.2%
/ 33%
11.2%
/ 33%
1.0%
/ 33%
N/A ✓ HALAL
MSCI 30.7%
/ 33%
42.2%
/ 33%
3.8%
/ 33%
N/A ✗ NOT HALAL
S&P 8.2%
/ 33%
11.2%
/ 33%
1.0%
/ 33%
N/A ✓ HALAL
FTSE 30.7%
/ 33%
42.2%
/ 33%
3.8%
/ 50%
N/A ✗ NOT HALAL

Financial Highlights

EPS
$-2.96
P/B Ratio
-1.0
EV/EBITDA
-5.3
EV: $47M
Revenue
$0
Beta
0.8
Average volatility
Current Ratio
0.0

Profitability

Gross Margin 50.2%
Operating Margin -18640.6%
Net Margin 0.0%
Return on Assets (ROA) -101.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$7M
Free Cash Flow-$8M
Total Debt$2M
Current Ratio0.0
Total Assets$8M

Price & Trading

Last Close$6.03
50-Day MA$5.73
200-Day MA$6.66
Avg Volume110K
Beta0.8
52-Week Range
$2.94
$33.99

About Solidion Technology Inc. (STI)

CEO
Mr. Jaymes Winters
Employees
28
Sector
Industrials
Industry
Electrical Equipment & Parts
Country
United States
Exchange
NASDAQ
Market Cap
$46M
Currency
USD

Solidion Technology, Inc., a battery technology company that focuses on the development and commercialization of battery materials, components, cells, and selected module/pack technologies. It provides advanced anode materials, silicon-rich all-solid-state lithium-ion cells, anode less lithium metal cells, and lithium-sulfur cells. The company was founded in 2015 and is headquartered in Dallas, Texas.

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Frequently Asked Questions

Is Solidion Technology Inc. (STI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Solidion Technology Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Solidion Technology Inc.'s debt ratio?

Solidion Technology Inc.'s debt ratio is 8.2% 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 30.7%.

What are Solidion Technology Inc.'s key financial metrics?

Solidion Technology Inc. has a market capitalization of $46M.

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.