Shariah compliance overview
HalalShoals Technologies Group, Inc. (SHLS) is currently classified as Halal by Akinda Shariah screening (AAOIFI-aligned methodology).
About Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc. provides Electrical Balance of System (EBOS) solutions designed for solar power projects throughout the United States.
Shoals Technologies Group, Inc. (SHLS) operates in the Energy sector, in the Solar industry.
Why it is halal: it passes all three AAOIFI screens. Non-compliant revenue is 0.06% (limit 5%), interest-bearing debt is 12.18% (limit 30%) and interest-bearing securities and assets are 0.51% (limit 30%).
If you hold SHLS, give 0.06% of the dividends you receive to charity to purify the non-compliant share of its income.
- Business Activity
- 0.06%Limit 5%Pass
- Interest-bearing debt
- 12.18%Limit 30%Pass
- Interest-bearing securities and assets
- 0.51%Limit 30%Pass
- Dividend purification
- 0.06%Share of dividends to give to charityPurification calculator
Last updated: Oct 23, 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 Shoals Technologies Group, Inc. (SHLS). Current Akinda screening label: Halal.
