PNNot HalalF
Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 10, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates PN Smart Energy Limited (PN) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 10, 2026. Source: https://halalscreener.app/en/stock/PN

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%.

180.4% of 30.0% limit
PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding PN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

PN Smart Energy Limited

PN: Is PN Smart Energy Limited Halal?

PN Smart Energy Limited

NASDAQEnergyCN

$2.47

Market Cap: 3.2M

Get an email if PN's halal status changes

We re-screen PN Smart Energy Limited daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About PN Smart Energy Limited

PN Smart Energy Limited, through its subsidiaries, designs, develops, manufactures, and sells solar PV products and solar power system solution services in Mainland China, rest of Asia, and internationally. It operates through two segments, Solar PV Products and High Performance Computing Products. The company offers solar cables and connectors; and hybrid energy storage systems, such as hybrid inverters and energy storage batteries. It also provides new and used graphic process unit and high-performance computing (HPC) servers; and HPC server accessories, such as mobile data centers, power supply units, server fans, and control boards. The company serves the solar PV installation and application; and HPC server industries. PN Smart Energy Limited was formerly known as Skycorp Solar Group Limited and changed its name to PN Smart Energy Limited in June 2026. Skycorp Solar Group Ltd was founded in 2011 and is headquartered in Ningbo, China.

Sector: Energy · Industry: Solar

Why this does not pass

  • Interest-bearing debt is 180.4% of market cap, over the 30% AAOIFI limit.
  • Interest-bearing deposits are over the 30% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 10, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why PN is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

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

Halal Alternatives in Energy

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

Free · No credit card required

Know the day PN's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is PN Smart Energy Limited (PN) halal to invest in?
PN Smart Energy Limited (PN) 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 PN Smart Energy Limited get a F compliance rating?
PN Smart Energy Limited (PN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 180.4% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change PN Smart Energy Limited's Shariah verdict?
PN Smart Energy Limited'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 PN Smart Energy Limited re-screened for Shariah compliance?
PN Smart Energy Limited (PN) 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: Oct 10, 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.