Acorn Energy, Inc.

ACFN: Is Acorn Energy, Inc. Halal?

Acorn Energy, Inc.

NASDAQTechnologyUS

$20.23

-3.62%

Market Cap: 50.7M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A

Very Good

86Score

Is Acorn Energy, Inc. (ACFN) halal? Halal. Based on AAOIFI screening, Acorn Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 86/100 (Grade: A).

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

2.1% of 30.0% limit

What this means for you

You can own ACFN

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened ACFN's prohibited income, but the exact share you would need to purify is part of Pro.

About Acorn Energy, Inc.

Acorn Energy, Inc., established in 1986 and headquartered in Wilmington, Delaware, specializes in the global development and marketing of wireless remote monitoring and control systems across diverse sectors. Through its subsidiaries, the company's operations are divided into two main segments: Power Generation (PG) Monitoring and Cathodic Protection (CP) Monitoring. The PG segment delivers comprehensive wireless solutions and associated services for overseeing and managing vital industrial equipment, such as standby power generators, compressors, pumps, pumpjacks, light towers, turbines, and other critical assets, in addition to supporting Internet of Things (IoT) applications. The CP segment, conversely, provides remote surveillance of cathodic protection systems implemented on gas pipelines, primarily serving gas utilities and pipeline companies.

Sector: Technology · Industry: Hardware, Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Acorn Energy, Inc. (ACFN) halal to invest in?
Based on AAOIFI Standard 21 screening, Acorn Energy, Inc. (ACFN) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Acorn Energy, Inc. get a A compliance rating?
Acorn Energy, Inc. (ACFN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 2.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Acorn Energy, Inc.'s Shariah verdict?
Acorn Energy, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Acorn Energy, Inc. re-screened for Shariah compliance?
Acorn Energy, Inc. (ACFN) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

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.