Is Turbo Energy, S.A. (TURB) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 12.7% / 30% | 5.9% / 30% | 7.6% / 30% | 0.67% / 5% | ✓ HALAL |
| DJIM | 12.7% / 33% | 5.9% / 33% | 7.6% / 33% | 0.67% / 5% | ✓ HALAL |
| MSCI | 41.7% / 33% | 19.3% / 33% | 25.1% / 33% | 0.67% / 5% | ✗ NOT HALAL |
| S&P | 12.7% / 33% | 5.9% / 33% | 7.6% / 33% | 0.67% / 5% | ✓ HALAL |
| FTSE | 41.7% / 33% | 19.3% / 33% | 25.1% / 50% | 0.67% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 18.3% | |
| Operating Margin | -21.4% | |
| Net Margin | -18.8% | |
| Return on Equity (ROE) | -100.8% | |
| Return on Assets (ROA) | -13.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $986,949 |
| Free Cash Flow | -$66,596 |
| Total Debt | $5M |
| Debt-to-Equity | 619.9 |
| Current Ratio | 0.9 |
| Total Assets | $13M |
Price & Trading
| Last Close | $1.96 |
| 50-Day MA | $1.59 |
| 200-Day MA | $2.38 |
| Avg Volume | 4.9M |
| Beta | 2.0 |
|
52-Week Range
$0.57
| |
About Turbo Energy, S.A. (TURB)
Turbo Energy, S.A. designs, develops, and distributes equipment for the generation, management, and storage of photovoltaic energy in Spain, rest of Europe, and internationally. The company offers lithium-ion batteries; inverters; photovoltaic modules; Go Solar, a portable photovoltaic product; and Sunbox, an AI based software system that monitors the generation, use, and management of photovoltaic energy. It is also involved in the acquisition, distribution, and sale of electrical and electronic materials for the development of renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The company sells its products to installers and distributors for residential consumers. The company was incorporated in 2013 and is based in Valencia, Spain. Turbo Energy, S.A. operates as a subsidiary of Umbrella Global Energy, S.A.
Purification Calculator
As a halal stock with 0.67% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Turbo Energy, S.A. (TURB) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Turbo Energy, S.A. 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 Turbo Energy, S.A.'s debt ratio?
Turbo Energy, S.A.'s debt ratio is 12.7% 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 41.7%.
Does Turbo Energy, S.A. require dividend purification?
Yes, Turbo Energy, S.A. has an impermissible income ratio of 0.67%, which means 0.67% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Turbo Energy, S.A.'s key financial metrics?
Turbo Energy, S.A. has a market capitalization of $30M, and revenue of $9M. The company maintains a gross margin of 18.3% and a net margin of -18.8%. Return on equity stands at -100.8%.
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.