What is Ascent Solar Technologies, Inc. Common Stock's Shariah compliance score?

Ascent Solar Technologies, Inc. Common Stock's (ASTI) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Ascent Solar Technologies, Inc. Common Stock pass AAOIFI screening?

Ascent Solar Technologies, Inc. Common Stock (ASTI) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (ASTI: 5.1%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Ascent Solar Technologies, Inc. Common Stock stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Ascent Solar Technologies, Inc. Common Stock (ASTI) using the latest financial data.

Where can I screen Ascent Solar Technologies, Inc. Common Stock for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Ascent Solar Technologies, Inc. Common Stock (ASTI) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about ASTI's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

ASTI: Is Ascent Solar Technologies, Inc. Common Stock Halal?

Ascent Solar Technologies, Inc. Common Stock

NASDAQEnergyUS

$3.03

+0.00%

Market Cap: 28.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

5.1% of 30.0% limit

What this means for you

Most scholars advise not holding ASTI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Ascent Solar Technologies, Inc. Common Stock

Ascent Solar Technologies, Inc. specializes in the development, production, and distribution of copper-indium-gallium-diselenide (CIGS) photovoltaic products. These solar energy solutions are engineered for diverse applications, spanning the aerospace industry, defense sector, emergency management, and both consumer and original equipment manufacturer (OEM) demands. A notable offering includes their outdoor solar charging devices. The company markets and distributes its goods via a comprehensive network of OEMs, system integrators, wholesalers, retailers, and online e-commerce channels. Founded in 2005, Ascent Solar Technologies, Inc. maintains its primary offices in Thornton, Colorado.

Sector: Energy · Industry: Solar

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

Not 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

Halal Alternatives in Energy

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

0091.KLA+

Propel Global Bhd

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.66

+0.02%

0193.KLA+

Kinergy Advancement Bhd

$0.43

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$3.03

-0.00%

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Frequently Asked Questions

Is Ascent Solar Technologies, Inc. Common Stock (ASTI) halal to invest in?

Ascent Solar Technologies, Inc. Common Stock (ASTI) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Ascent Solar Technologies, Inc. Common Stock get a F compliance rating?

Ascent Solar Technologies, Inc. Common Stock (ASTI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Ascent Solar Technologies, Inc. Common Stock's Shariah verdict?

Ascent Solar Technologies, Inc. Common Stock'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 Ascent Solar Technologies, Inc. Common Stock re-screened for Shariah compliance?

Ascent Solar Technologies, Inc. Common Stock (ASTI) 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.