What is Tigo Energy, Inc.'s Shariah compliance score?

Tigo Energy, Inc. (TYGO) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Tigo Energy, Inc. pass AAOIFI screening?

Tigo Energy, Inc. (TYGO) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. TYGO's debt-to-market-cap is 73.8%.

How much purification is needed for Tigo Energy, Inc.?

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 percentage and amount for Tigo Energy, Inc. (TYGO) using the latest financial data.

Where can I screen Tigo Energy, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Tigo Energy, Inc. (TYGO) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

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TYGO: Is Tigo Energy, Inc. Halal?

Tigo Energy, Inc.

NASDAQTechnologyUS

$0.86

Market Cap: 66.0M

Compliance Status

Not Halal

Screened on Sep 24, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Tigo Energy, Inc. (TYGO) halal? Not Halal. Based on AAOIFI screening, Tigo Energy, Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Quote this verdict

HalalScreener rates Tigo Energy, Inc. (TYGO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Sep 24, 2026. Source: https://halalscreener.app/en/stock/TYGO

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%.

73.8% 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.

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding TYGO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

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About Tigo Energy, Inc.

Tigo Energy, Inc., together with its subsidiaries, provides solar and energy storage solutions worldwide. It offers module level power electronics (MLPEs) to maximize the energy output of individual solar modules for utility, commercial, and residential solar arrays. The company also provides GO Energy Storage Systems that provide solar energy storage management capabilities, and energy resilience in the event of a grid outage and optimizes energy consumption based on rate plans for home energy needs; and Energy Intelligence (EI) platform, which provides monitoring and energy demand forecasting capabilities, as well as Predict+, an energy consumption and demand forecasting software. In addition, it offers GO Battery modular, scalable energy storage system; GO Inverter, which offers energy conversion for home consumption or export to the grid; GO Link/Automatic Transfer Switch (ATS), a component for battery backup of on-grid systems; Tigo Predict+ for energy demand forecasting; and GO Electric Vehicle (EV) Charger to reduce transportation costs. Further, it provides monitoring services. The company offers its products through distributors and solar installers. Tigo Energy, Inc. was founded in 2007 and is headquartered in Los Gatos, California.

Sector: Technology · Industry: Solar

Why this does not pass

Interest-bearing debt is 73.8% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% 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 Sep 24, 2026

See which ratio caused the failure.

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Institutional-grade Shariah analysis

See why TYGO 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.

Screened according to AAOIFI Standard 21

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

Halal Alternatives in Technology

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

0008.KLA+

Willowglen MSC Bhd

$0.29

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0010.KLA+

IRIS Corporation Bhd

$0.19

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0023.KLA+

IFCA MSC Bhd

$0.21

+0.00%

0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

0040.KLA+

OpenSys (M) Bhd

$0.31

+0.00%

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ADBE

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AMD

Advanced Micro Devices, Inc.

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Frequently Asked Questions

Is Tigo Energy, Inc. (TYGO) halal to invest in?

Tigo Energy, Inc. (TYGO) 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 Tigo Energy, Inc. get a F compliance rating?

Tigo Energy, Inc. (TYGO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 73.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Tigo Energy, Inc.'s Shariah verdict?

Tigo 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 Tigo Energy, Inc. re-screened for Shariah compliance?

Tigo Energy, Inc. (TYGO) 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: Sep 24, 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.