Is Evolution Metals & Technologies Corp. Common Stock (EMAT) halal? Not Halal. Based on AAOIFI screening, Evolution Metals & Technologies Corp. Common Stock passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Evolution Metals & Technologies Corp. Common Stock logo

EMAT — Is Evolution Metals & Technologies Corp. Common Stock Halal?

Not Halal

Evolution Metals & Technologies Corp. Common Stock

NASDAQBasic MaterialsUS

$7.29

+1.25%

About Evolution Metals & Technologies Corp. Common Stock

Evolution Metals & Technologies Corp. critical materials and advanced manufacturing company. It focuses on non-China-dependent supply chain for rare earth permanent magnets, battery materials, and related critical technologies The company is based in West Palm Beach, Florida.

Sector: Basic Materials · Industry: Industrial Materials

Shariah Compliance Status

Based on AAOIFI screening standards

F

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.1% / 30.0%

Compliance History

Not Halal — unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 3, 2026Fiscal: 2026-2026-Q1Source: FMP

Financial Overview

Market Cap

5.8B

Price

$7.29

Sector

Basic Materials

Industry

Industrial Materials

Halal Alternatives in Basic Materials

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

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Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.