Bloom Energy Corporation

BE: Is Bloom Energy Corporation Halal?

Bloom Energy Corporation

NYSEIndustrialsUS

$254.29

-5.67%

Market Cap: 72.3B

Compliance Status

Halal

Screened on Jul 16, 2026 · AAOIFI Standard 21

A

Very Good

80Score

Is Bloom Energy Corporation (BE) halal? Halal. Based on AAOIFI screening, Bloom Energy Corporation passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 80/100 (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%.

3.8% of 30.0% limit

What this means for you

You can own BE

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

Purify 2.7% of your income from BE

That is about $2.70 of every $100 you earn from it. Donate this share to charity.

Calculate my exact amount

About Bloom Energy Corporation

Bloom Energy Corporation engineers, produces, markets, and installs cutting-edge solid-oxide fuel cell systems designed for on-site electricity generation, serving clients both within the United States and internationally. Their core offering, the Bloom Energy Server, is an advanced power platform capable of converting various fuels, including natural gas, biogas, hydrogen, or a blend of these, directly into electricity using an electrochemical process that eliminates the need for combustion. The company provides its solutions to a wide array of critical infrastructure applications, such as data centers, hospitals, healthcare manufacturing and biotechnology facilities, grocery and hardware stores, banks, and telecommunication centers. Originally founded as Ion America Corp., the company adopted the name Bloom Energy Corporation in September 2006. Established in 2001, Bloom Energy Corporation's headquarters are situated in San Jose, California.

Sector: Industrials · Industry: Electrical Equipment & Parts

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 16, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q1 2026Data source: EDGAR
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Frequently Asked Questions

Is Bloom Energy Corporation (BE) halal to invest in?
Based on AAOIFI Standard 21 screening, Bloom Energy Corporation (BE) 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 Bloom Energy Corporation get a A compliance rating?
Bloom Energy Corporation (BE) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 3.8% (limit 30%); interest-bearing deposits of 3.6% (limit 30%); prohibited income of 2.68% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Bloom Energy Corporation's Shariah verdict?
Bloom Energy Corporation'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 Bloom Energy Corporation re-screened for Shariah compliance?
Bloom Energy Corporation (BE) 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: Jul 16, 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.