Gogoro Inc.

GGR: Is Gogoro Inc. Halal?

Gogoro Inc.

NASDAQConsumer CyclicalTW

$2.68

-8.53%

Market Cap: 39.6M

Compliance Status

Not Halal

Screened on Aug 27, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Gogoro Inc. (GGR) halal? Not Halal. Based on AAOIFI screening, Gogoro 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%.

991.7% of 30.0% limit

What this means for you

Most scholars advise not holding GGR

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Gogoro Inc.

Gogoro Inc., established in 2011 and headquartered in Taoyuan City, Taiwan, specializes in the development and production of electric two-wheeled vehicles. Their product lineup prominently features smart electric scooters equipped with an electric powertrain and integrated cloud connectivity. These scooters leverage an innovative swappable battery infrastructure, enabling the collection, analysis, and sharing of rider data via a dedicated mobile application. Furthermore, Gogoro manages a comprehensive battery swapping network for electric vehicles. This infrastructure can be efficiently deployed throughout urban environments, offering convenient access to portable power through automated battery vending machines. A key strategic partnership exists between Gogoro Inc. and Foxconn Electronics Inc.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 27, 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 2025Data source: FMP
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Frequently Asked Questions

Is Gogoro Inc. (GGR) halal to invest in?
Gogoro Inc. (GGR) 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 Gogoro Inc. get a F compliance rating?
Gogoro Inc. (GGR) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 991.7% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Gogoro Inc.'s Shariah verdict?
Gogoro 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 Gogoro Inc. re-screened for Shariah compliance?
Gogoro Inc. (GGR) 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 27, 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.