Aptera Motors Corp.

SEV: Is Aptera Motors Corp. Halal?

Aptera Motors Corp.

NASDAQConsumer CyclicalUS

$2.39

-0.63%

Market Cap: 58.7M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Aptera Motors Corp. (SEV) halal? Not Halal. Based on AAOIFI screening, Aptera Motors Corp. 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%.

977.2% of 30.0% limit

What this means for you

Most scholars advise not holding SEV

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Aptera Motors Corp.

Aptera Motors Corp. is a solar-mobility innovator focused on creating exceptionally efficient solar electric vehicles (sEVs). The company's flagship product is a unique two-person, three-wheeled vehicle, meticulously engineered for ultimate efficiency by integrating solar panels, cutting-edge lightweight composites, and optimized aerodynamic principles. To date, it has not begun mass production or generated any revenue.

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 2025Data source: FMP
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Frequently Asked Questions

Is Aptera Motors Corp. (SEV) halal to invest in?
Aptera Motors Corp. (SEV) 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 Aptera Motors Corp. get a F compliance rating?
Aptera Motors Corp. (SEV) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 977.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Aptera Motors Corp.'s Shariah verdict?
Aptera Motors Corp.'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 Aptera Motors Corp. re-screened for Shariah compliance?
Aptera Motors Corp. (SEV) 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.