Clean Energy Technologies, Inc.

CETY: Is Clean Energy Technologies, Inc. Halal?

Clean Energy Technologies, Inc.

NASDAQIndustrialsUS

$1.00

+1.01%

Market Cap: 5.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

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%.

47.0% of 30.0% limit

What this means for you

Most scholars advise not holding CETY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Clean Energy Technologies, Inc.

Clean Energy Technologies, Inc. (CETY) specializes in developing, manufacturing, and marketing innovative clean energy products and comprehensive solutions, with a core focus on enhancing energy efficiency and harnessing renewable resources. The company operates through three distinct segments: Clean Energy Solutions, CETY Europe, and its Electronic Manufacturing Business. Its flagship product, the Clean Cycle, efficiently converts residual heat from industrial operations, waste-to-energy processes, and power generation facilities into electricity. Beyond this, the company specializes in transforming diverse waste streams – originating from manufacturing, agriculture, and wastewater treatment plants – into valuable energy outputs such as electricity, renewable natural gas, hydrogen, and biochar. Furthermore, CETY offers a broad spectrum of services, including electrical, mechanical, and software engineering, alongside consulting, project management, and supply chain oversight. Initially known as Probe Manufacturing, Inc., the company adopted its current name, Clean Energy Technologies, Inc., in November 2015. Founded in 1995, it is headquartered in Costa Mesa, California, and functions as a subsidiary of MGW Investments I Limited.

Sector: Industrials · Industry: Industrial - Machinery

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
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Frequently Asked Questions

Is Clean Energy Technologies, Inc. (CETY) halal to invest in?
Clean Energy Technologies, Inc. (CETY) 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 Clean Energy Technologies, Inc. get a F compliance rating?
Clean Energy Technologies, Inc. (CETY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 47.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Clean Energy Technologies, Inc.'s Shariah verdict?
Clean Energy Technologies, 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 Clean Energy Technologies, Inc. re-screened for Shariah compliance?
Clean Energy Technologies, Inc. (CETY) 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.