What is Cenntro Electric Group Limited's Shariah compliance score?

Cenntro Electric Group Limited's (CENN) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Cenntro Electric Group Limited pass AAOIFI screening?

Cenntro Electric Group Limited (CENN) 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% (CENN: 42.4%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Cenntro Electric Group Limited 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 Cenntro Electric Group Limited (CENN) using the latest financial data.

Where can I screen Cenntro Electric Group Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Cenntro Electric Group Limited (CENN) and 10,000+ 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 CENN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CENN: Is Cenntro Electric Group Limited Halal?

Cenntro Electric Group Limited

NASDAQConsumer CyclicalUS

$3.43

-0.15%

Market Cap: 2.9M

Compliance Status

Not Halal

Screened on Aug 12, 2026 · AAOIFI Standard 21

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).

AvoidBorderlineClean

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%.

42.4% of 30.0% limit

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

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

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 12, 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: Q1 2026Data source: FMP

Halal Alternatives in Consumer Cyclical

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

MARA+

Marriott International, Inc.

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FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

XPELA+

XPEL, Inc.

$50.04

-0.02%

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Lowe's Companies, Inc.

Free · No credit card required

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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 42.4% (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: Aug 12, 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.