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Shariah compliance overview

Not Halal

Canadian Solar Inc. (CSIQ) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Canadian Solar Inc.

Canadian Solar Inc. and its affiliates operate globally, specializing in the design, development, production, and sale of solar energy components, including ingots, wafers, cells, and modules, alongside a range of solar power and battery storage solutions across Asia, the Americas, and Europe.

Canadian Solar Inc. (CSIQ) operates in the Energy sector, in the Solar industry.

Why it is not classified as halal: it does not pass these screens: Interest-bearing debt, Interest-bearing securities and assets.

Business Activity
0.82%Limit 5%Pass
Interest-bearing debt
672.08%Limit 30%Fail
Interest-bearing securities and assets
175.44%Limit 30%Fail
Dividend purification
0.82%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Canadian Solar Inc. (CSIQ). Current Akinda screening label: Not Halal.