CENNNot HalalF
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Cenntro Electric Group Limited

CENN: Is Cenntro Electric Group Limited Halal?

Cenntro Electric Group Limited

NASDAQConsumer CyclicalUS

$4.44

Market Cap: 3.7M

Compliance Status

Not Halal

Screened on Sep 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Cenntro Electric Group Limited (CENN) halal? Not Halal. Based on AAOIFI screening, Cenntro Electric Group Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Cenntro Electric Group Limited (CENN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 26, 2026. Source: https://halalscreener.app/en/stock/CENN

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

95.2% of 30.0% limit
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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding CENN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About Cenntro Electric Group Limited

Cenntro Electric Group Limited is a company focused on the creation and manufacturing of electric commercial vehicles, specifically in the light and medium-duty categories. Operating internationally, its zero-emission utility vehicles are distributed throughout Europe, North America, and Asia, serving a clientele that includes both corporate entities and government bodies. Established in 2013, the firm underwent a name change in December 2021, transitioning from its former identity as Naked Brand Group Limited. Cenntro Electric Group's main operational base is located in Freehold, New Jersey.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Why this does not pass

  • Interest-bearing debt is 95.2% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 26, 2026

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PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Screened according to AAOIFI Standard 21

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
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Frequently Asked Questions

Is Cenntro Electric Group Limited (CENN) halal to invest in?
Cenntro Electric Group Limited (CENN) 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 Cenntro Electric Group Limited get a F compliance rating?
Cenntro Electric Group Limited (CENN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 95.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Cenntro Electric Group Limited's Shariah verdict?
Cenntro Electric Group Limited'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 Cenntro Electric Group Limited re-screened for Shariah compliance?
Cenntro Electric Group Limited (CENN) 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: Sep 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.