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Shariah compliance overview

Not Halal

Enovix Corporation (ENVX) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Enovix Corporation

Founded in 2007 and based in Fremont, California, Enovix Corporation specializes in the innovation, development, and production of lithium-ion battery technology.

Enovix Corporation (ENVX) operates in the Industrials sector, in the Electrical Equipment & Parts industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

Business Activity
99.95%Limit 5%Fail
Interest-bearing debt
29.92%Limit 30%Pass
Interest-bearing securities and assets
28.95%Limit 30%Pass
Dividend purification
64.48%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 Enovix Corporation (ENVX). Current Akinda screening label: Not Halal.