What is Turbo Energy, S.A. American Depositary Shares's Shariah compliance score?

Turbo Energy, S.A. American Depositary Shares's (TURB) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Turbo Energy, S.A. American Depositary Shares pass AAOIFI screening?

Turbo Energy, S.A. American Depositary Shares (TURB) 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% (TURB: 315.3%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Turbo Energy, S.A. American Depositary Shares stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Turbo Energy, S.A. American Depositary Shares (TURB) using the latest financial data.

Where can I screen Turbo Energy, S.A. American Depositary Shares for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Turbo Energy, S.A. American Depositary Shares (TURB) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about TURB's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

TURB: Is Turbo Energy, S.A. American Depositary Shares Halal?

Turbo Energy, S.A. American Depositary Shares

NASDAQEnergyES

$1.15

+0.00%

Market Cap: 2.5M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Turbo Energy, S.A. American Depositary Shares (TURB) halal? Not Halal. Based on AAOIFI screening, Turbo Energy, S.A. American Depositary Shares 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%.

315.3% of 30.0% limit

What this means for you

Most scholars advise not holding TURB

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Turbo Energy, S.A. American Depositary Shares

Turbo Energy, S.A. focuses on creating, developing, and supplying systems for the generation, oversight, and storage of solar photovoltaic power. Its operations span Spain, the broader European continent, and international markets. Among its key product lines are advanced lithium-ion batteries and inverters. The company also offers Sunbox, an intelligent software platform that utilizes AI to track the production, usage, and overall management of solar energy. Furthermore, Turbo Energy actively sources, distributes, and sells a variety of electrical and electronic materials crucial for renewable energy installations. This includes items such as solar panels, different kinds of inverters, chargers, regulators, batteries, and structural components. The company was founded in 2013 and is headquartered in Valencia, Spain. Turbo Energy, S.A. functions as a subsidiary of Umbrella Solar Investment, S.A.

Sector: Energy · Industry: Solar

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

Halal Alternatives in Energy

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

0091.KLA+

Propel Global Bhd

$0.07

+0.00%

0118.KLA+

Trive Property Group Bhd

$0.02

+0.00%

0168.KLA+

BM Greentech Bhd

$1.66

+0.02%

0193.KLA+

Kinergy Advancement Bhd

$0.43

+0.00%

0215.KLA+

Solarvest Holdings Bhd

$3.03

-0.00%

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ONEOK, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Turbo Energy, S.A. American Depositary Shares (TURB) halal to invest in?

Turbo Energy, S.A. American Depositary Shares (TURB) 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 Turbo Energy, S.A. American Depositary Shares get a F compliance rating?

Turbo Energy, S.A. American Depositary Shares (TURB) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 315.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Turbo Energy, S.A. American Depositary Shares's Shariah verdict?

Turbo Energy, S.A. American Depositary Shares'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 Turbo Energy, S.A. American Depositary Shares re-screened for Shariah compliance?

Turbo Energy, S.A. American Depositary Shares (TURB) 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.