SSMNot HalalF
Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 11, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Sono Group N.V. (SSM) halal? Not Halal. Based on AAOIFI screening, Sono Group N.V. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Sono Group N.V. (SSM) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 11, 2026. Source: https://halalscreener.app/en/stock/SSM

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%.

60.0% 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 SSM

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Sono Group N.V.

SSM: Is Sono Group N.V. Halal?

Sono Group N.V.

NASDAQConsumer CyclicalDE

$1.18

-8.88%

Market Cap: 1.7M

Screened on a market cap of 8.3M

Get an email if SSM's halal status changes

We re-screen Sono Group N.V. 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 Sono Group N.V.

Sono Group N.V. provides solar-powered mobility solutions and solar integration products for the commercial vehicle and automotive industry. The company offers a range of solar integration solutions, including Solar Bus Kit and solar kits for trucks, vans, RVs, refrigeration trailers, and other applications. It also provides complete solar solutions comprising solar panels, telematics and dashboard services, and electrical interfaces and custom integration concepts; solar charge controller (MCU), such as high voltage system and low voltage system; solar modules; and data services and engineering services, such as data service and dashboard integration, electrical interface creation, testing and validation, and custom engineering services. Sono Group N.V. was founded in 2016 and is headquartered in Munich, Germany

Sector: Consumer Cyclical · Industry: Auto - Manufacturers

Why this does not pass

  • Interest-bearing debt is 60.0% of market cap, over the 30% AAOIFI 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 11, 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 SSM 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

  1. Not Halalnow

    since Sep 2026

  2. Halal

    until the change above

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

Fiscal: Q2 2026Data source: FMP
Free · No credit card required

Know the day SSM'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 Sono Group N.V. (SSM) halal to invest in?
Sono Group N.V. (SSM) 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 Sono Group N.V. get a F compliance rating?
Sono Group N.V. (SSM) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 60.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Sono Group N.V.'s Shariah verdict?
Sono Group N.V.'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 Sono Group N.V. re-screened for Shariah compliance?
Sono Group N.V. (SSM) 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 11, 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.