What is Fly-E Group, Inc. Common Stock's Shariah compliance score?

Fly-E Group, Inc. Common Stock's (FLYE) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Fly-E Group, Inc. Common Stock pass AAOIFI screening?

Fly-E Group, Inc. Common Stock (FLYE) 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% (FLYE: 215.3%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Fly-E Group, Inc. Common Stock 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 Fly-E Group, Inc. Common Stock (FLYE) using the latest financial data.

Where can I screen Fly-E Group, Inc. Common Stock for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Fly-E Group, Inc. Common Stock (FLYE) and 5,100+ 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 FLYE's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

FLYE: Is Fly-E Group, Inc. Common Stock Halal?

Fly-E Group, Inc. Common Stock

NASDAQConsumer CyclicalUS

$1.70

+3.03%

Market Cap: 2.8M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Fly-E Group, Inc. Common Stock (FLYE) halal? Not Halal. Based on AAOIFI screening, Fly-E Group, Inc. Common Stock 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%.

215.3% of 30.0% limit

What this means for you

Most scholars advise not holding FLYE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Fly-E Group, Inc. Common Stock

Fly-E Group, Inc. is a company that focuses on the design, installation, and sale of advanced electric personal transportation. Operating primarily under its "Fly E-Bike" brand, the company markets smart electric motorcycles, electric bikes, and electric scooters throughout the United States and Canada. Its diverse product lineup extends to include e-mopeds, e-tricycles, and even traditional bicycles. Beyond the vehicles themselves, Fly-E Group offers a comprehensive range of accessories and replacement parts. This includes protective gear like raincoats, gloves, and knee pads, practical items such as storage baskets, tail boxes, smartphone holders, and backrests, as well as locks and branded clothing. For performance enhancement, the company also supplies upgrade components like specialized wheels, shock absorbers, brake calipers, and carbon fiber body panels. To reach its customer base, Fly-E Group, Inc. also maintains and operates its own retail stores. The company was founded in 2018 and has its headquarters located in Flushing, New York.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

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: FY 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

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

0380.KLA+

Aquawalk Group Berhad

$0.17

+0.03%

0393.KLA+

Teamstar Berhad

$0.25

+0.00%

3573.KLA+

Lien Hoe Corporation Berhad

$0.11

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.05

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.41

+0.01%

More Consumer Cyclical Stocks

AMZN

Amazon.com, Inc.

TSLA

Tesla, Inc.

The Home Depot, Inc.

MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

C+

LOW

Lowe's Companies, Inc.

Free · No credit card required

Track FLYE and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

Get Started Free Browse Screener

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Fly-E Group, Inc. Common Stock (FLYE) halal to invest in?

Fly-E Group, Inc. Common Stock (FLYE) 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 Fly-E Group, Inc. Common Stock get a F compliance rating?

Fly-E Group, Inc. Common Stock (FLYE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 215.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Fly-E Group, Inc. Common Stock's Shariah verdict?

Fly-E Group, Inc. Common Stock'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 Fly-E Group, Inc. Common Stock re-screened for Shariah compliance?

Fly-E Group, Inc. Common Stock (FLYE) 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.