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Shariah compliance overview

Not Halal

Stem, Inc. (STEM) is currently classified as Not Halal by Akinda Shariah screening (AAOIFI-aligned methodology).

About Stem, Inc.

Stem, Inc. operates internationally as a prominent provider of intelligent, digitally interconnected energy storage networks. The company delivers energy storage systems, which it sources from original equipment manufacturers (OEMs).

Stem, Inc. (STEM) operates in the Utilities sector, in the Renewable Utilities industry.

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

Business Activity
0.95%Limit 5%Pass
Interest-bearing debt
152.95%Limit 30%Fail
Interest-bearing securities and assets
23.95%Limit 30%Pass
Dividend purification
0.95%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 Stem, Inc. (STEM). Current Akinda screening label: Not Halal.