What is Polestar Automotive Holding UK PLC's Shariah compliance score?

Polestar Automotive Holding UK PLC's (PSNY) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Polestar Automotive Holding UK PLC pass AAOIFI screening?

Polestar Automotive Holding UK PLC (PSNY) 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% (PSNY: 513.2%), (3) interest-bearing deposits below 30% (PSNY: 93.2%), and (4) prohibited income below 5% (PSNY: 0.2%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Polestar Automotive Holding UK PLC stock?

Polestar Automotive Holding UK PLC (PSNY) has a non-permissible income ratio of 0.25%. Muslim investors should purify this percentage of any dividends received and capital gains realized from PSNY shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Polestar Automotive Holding UK PLC for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Polestar Automotive Holding UK PLC (PSNY) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about PSNY's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

PSNY: Is Polestar Automotive Holding UK PLC Halal?

Polestar Automotive Holding UK PLC

NASDAQConsumer CyclicalSE

$19.43

+1.57%

Market Cap: 1.4B

Compliance Status

Not Halal

Screened on Jul 17, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Polestar Automotive Holding UK PLC (PSNY) halal? Not Halal. Based on AAOIFI screening, Polestar Automotive Holding UK PLC 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%.

513.2% of 30.0% limit

What this means for you

Most scholars advise not holding PSNY

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Polestar Automotive Holding UK PLC

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 17, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Consumer Cyclical

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

MARA+

Marriott International, Inc.

$366.24

-0.85%

FWDIA+

Forward Industries, Inc.

$3.96

+11.86%

ROLA+

Rollins, Inc.

$44.77

-0.40%

TSCOA+

Tractor Supply Company

$30.24

+1.65%

GNTXA+

Gentex Corporation

$24.35

-2.25%

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A+

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MCD

McDonald's Corporation

B+

BKNG

Booking Holdings Inc.

LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Polestar Automotive Holding UK PLC (PSNY) halal to invest in?

Polestar Automotive Holding UK PLC (PSNY) 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 Polestar Automotive Holding UK PLC get a F compliance rating?

Polestar Automotive Holding UK PLC (PSNY) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 513.2% (limit 30%); interest-bearing deposits of 93.2% (limit 30%); prohibited income of 0.25% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Polestar Automotive Holding UK PLC's Shariah verdict?

Polestar Automotive Holding UK PLC'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 Polestar Automotive Holding UK PLC re-screened for Shariah compliance?

Polestar Automotive Holding UK PLC (PSNY) 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: Jul 17, 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.