Factorial Energy Inc.

FAC: Is Factorial Energy Inc. Halal?

Factorial Energy Inc.

NASDAQIndustrialsUS

$5.21

+13.26%

Market Cap: 143.8M

Compliance Status

Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

B

Acceptable

67Score

Is Factorial Energy Inc. (FAC) halal? Halal. Based on AAOIFI screening, Factorial Energy Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 67/100 (Grade: B).

Business activity

What the company sells is permissible.

Passed

Company debt

Within the limit

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

19.1% of 30.0% limit

What this means for you

You can own FAC

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

Purification amount is Pro

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

About Factorial Energy Inc.

Factorial Energy Inc. manufactures and sells solid-state batteries for the eMobility, defense, and AI/robotics markets. The company offers products, such as high-performing solid-state battery cells, and utilizes advanced manufacturing techniques, including a proprietary dry-coating process. The company was founded in 2013 and is headquartered in Billerica, Massachusetts.

Sector: Industrials · Industry: Electrical Equipment & Parts

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: FY 2025Data source: FMP
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Frequently Asked Questions

Is Factorial Energy Inc. (FAC) halal to invest in?
Based on AAOIFI Standard 21 screening, Factorial Energy Inc. (FAC) is rated Halal with a compliance grade of B (Acceptable). 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 Factorial Energy Inc. get a B compliance rating?
Factorial Energy Inc. (FAC) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 19.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Factorial Energy Inc.'s Shariah verdict?
Factorial Energy 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 Factorial Energy Inc. re-screened for Shariah compliance?
Factorial Energy Inc. (FAC) 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.