SUNation Energy Inc.

SUNE: Is SUNation Energy Inc. Halal?

SUNation Energy Inc.

NASDAQIndustrialsUS

$2.20

-0.45%

Market Cap: 7.3M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is SUNation Energy Inc. (SUNE) halal? Not Halal. Based on AAOIFI screening, SUNation Energy 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%.

54.1% of 30.0% limit

What this means for you

Most scholars advise not holding SUNE

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About SUNation Energy Inc.

SUNation Energy Inc. operates across the nation, bringing together local and regional companies specializing in solar, energy storage, and related energy services. The firm's core objective is to advance the energy transition by promoting the organic growth of solar electricity coupled with battery storage solutions. Its diverse collection of brands, which includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, offers homeowners and small businesses complete product suites encompassing solar installations, battery storage, and grid services. Founded in 1969, the company maintains its headquarters in Ronkonkoma, NY.

Sector: Industrials · Industry: Engineering & Construction

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: Q2 2026Data source: EDGAR
Free · No credit card required

Track SUNE and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is SUNation Energy Inc. (SUNE) halal to invest in?
SUNation Energy Inc. (SUNE) 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 SUNation Energy Inc. get a F compliance rating?
SUNation Energy Inc. (SUNE) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 54.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change SUNation Energy Inc.'s Shariah verdict?
SUNation Energy 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 SUNation Energy Inc. re-screened for Shariah compliance?
SUNation Energy Inc. (SUNE) 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.