Elite Express Holding Inc.

ETS: Is Elite Express Holding Inc. Halal?

Elite Express Holding Inc.

NASDAQIndustrialsUS

$0.79

-20.96%

Market Cap: 38.4M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

A

Very Good

89Score

Is Elite Express Holding Inc. (ETS) halal? Halal. Based on AAOIFI screening, Elite Express Holding Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 89/100 (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%.

0.0% of 30.0% limit

What this means for you

You can own ETS

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

Purification amount is Pro

We have screened ETS's prohibited income, but the exact share you would need to purify is part of Pro.

About Elite Express Holding Inc.

Operating across California, Elite Express Holding Inc. specializes in comprehensive final-mile logistics, seamlessly connecting businesses with their end-customers. Their services encompass the complete parcel journey, from initial collection and transit to ultimate delivery, further complemented by mechanisms for post-delivery feedback. These operations are efficiently executed using their fleet of trucks and trailers. Established in 2020, the company's headquarters are located in Laguna Hills, California.

Sector: Industrials · Industry: Trucking

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Compliance History

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 Elite Express Holding Inc. (ETS) halal to invest in?
Based on AAOIFI Standard 21 screening, Elite Express Holding Inc. (ETS) 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 Elite Express Holding Inc. get a A compliance rating?
Elite Express Holding Inc. (ETS) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Elite Express Holding Inc.'s Shariah verdict?
Elite Express Holding 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 Elite Express Holding Inc. re-screened for Shariah compliance?
Elite Express Holding Inc. (ETS) 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.