Is Expion360 Inc. (XPON) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.1% / 30% | 8.0% / 30% | 9.0% / 30% | 1.53% / 5% | ✓ HALAL |
| DJIM | 15.1% / 33% | 8.0% / 33% | 9.0% / 33% | 1.53% / 5% | ✓ HALAL |
| MSCI | 11.3% / 33% | 6.0% / 33% | 6.7% / 33% | 1.53% / 5% | ✓ HALAL |
| S&P | 15.1% / 33% | 8.0% / 33% | 9.0% / 33% | 1.53% / 5% | ✓ HALAL |
| FTSE | 11.3% / 33% | 6.0% / 33% | 6.7% / 50% | 1.53% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 13.9% | |
| Operating Margin | -234.4% | |
| Net Margin | -64.6% | |
| Return on Equity (ROE) | -137.7% | |
| Return on Assets (ROA) | -77.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $906,969 |
| Debt-to-Equity | 13.9 |
| Current Ratio | 7.1 |
| Total Assets | $8M |
Price & Trading
| Last Close | $0.60 |
| 50-Day MA | $0.74 |
| 200-Day MA | $1.09 |
| Avg Volume | 1.2M |
| Beta | 0.3 |
|
52-Week Range
$0.54
| |
About Expion360 Inc. (XPON)
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate (LiFePO4) batteries and supporting accessories in North America. The company offers 12V batteries, including Group 24, Group 27, GC2, and EX1 custom; and 48V batteries, such as GC2. It also provides accessories comprising battery monitors, DC-DC battery chargers, solar charge controller battery chargers, CANBus communication cables, 120W portable solar panels, industrial battery mounting kits, terminal blocks, bus bars, AURA Powercap 600W inverters, and e360 SmartTalk mobile app. In addition, the company offers e360 Home Energy Storage solutions, a wall mounted all-in-one inverter comprising 10kWh battery and an expandable server rack style battery cabinet system. It sells its products for recreational vehicles, marine, golf, home energy storage, industrial, residential, and off-the-grid applications. The company serves dealers, wholesalers, private label customers, and original equipment manufacturers. The company has a strategic partnership with Dealer Accessory Supply for the development of DASGen Hybrid Energy Storage System, an energy storage solution intended for use on construction and industrial job sites. Expion360 Inc. was formerly known as Yozamp Products Company, LLC and changed its name to Expion360 Inc. in November 2021. The company was founded in 2016 and is headquartered in Redmond, Oregon.
Purification Calculator
As a halal stock with 1.53% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Expion360 Inc. (XPON) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Expion360 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 Expion360 Inc.'s debt ratio?
Expion360 Inc.'s debt ratio is 15.1% 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 11.3%.
Does Expion360 Inc. require dividend purification?
Yes, Expion360 Inc. has an impermissible income ratio of 1.53%, which means 1.53% 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 Expion360 Inc.'s key financial metrics?
Expion360 Inc. has a market capitalization of $6M, and revenue of $10M. The company maintains a gross margin of 13.9% and a net margin of -64.6%. Return on equity stands at -137.7%.
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.