What is Workhorse Group Inc.'s Shariah compliance score?

Workhorse Group Inc.'s (WKHS) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Workhorse Group Inc. pass AAOIFI screening?

Workhorse Group Inc. (WKHS) 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% (WKHS: 105.0%), (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 Workhorse Group Inc. 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 Workhorse Group Inc. (WKHS) using the latest financial data.

Where can I screen Workhorse Group Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Workhorse Group Inc. (WKHS) 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 WKHS's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

WKHS: Is Workhorse Group Inc. Halal?

Workhorse Group Inc.

NASDAQConsumer CyclicalUS

$3.14

+0.64%

Market Cap: 34.2M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Workhorse Group Inc. (WKHS) halal? Not Halal. Based on AAOIFI screening, Workhorse Group Inc. 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%.

105.0% of 30.0% limit

What this means for you

Most scholars advise not holding WKHS

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Workhorse Group Inc.

Workhorse Group, Inc. designs and manufactures electric trucks and related fleet charging solutions. The company provides electric trucks for medium-duty fleet applications, including the Argo electric truck and Argo chassis, which integrate proprietary battery, drivetrain, and cab systems. It offers the Argo LFP battery with control signals, multiple pack configurations, and a range suitable for maximum gross vehicle weight, as well as six-phase motors and drivetrain systems that deliver torque and acceleration comparable to traditional engines. Solutions include real-time control software for power management, over-the-air updates, remote diagnostics, and tuning tools to enhance fleet uptime and performance. The company supplies fleet charging solutions, supports customized body builders with various charge port locations and high-voltage accessories, and incorporates safety and ergonomic features for drivers. Additional services include ongoing support for electrification, remote monitoring, and assistance with vehicle integration and fleet management, serving fleet operators and industries with specialized commercial vehicle requirements. The company was founded in 2009 and is based in Foster City, California.

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: Q2 2026Data source: EDGAR

Halal Alternatives in Consumer Cyclical

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

0380.KLA+

Aquawalk Group Berhad

$0.17

+0.03%

0393.KLA+

Teamstar Berhad

$0.25

+0.00%

3573.KLA+

Lien Hoe Corporation Berhad

$0.11

+0.00%

3891.KLA+

Malayan United Industries Berhad

$0.05

+0.00%

5336.KLA+

CUCKOO International (MAL) Berhad

$0.41

+0.01%

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LOW

Lowe's Companies, Inc.

Free · No credit card required

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Frequently Asked Questions

Is Workhorse Group Inc. (WKHS) halal to invest in?

Workhorse Group Inc. (WKHS) 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 Workhorse Group Inc. get a F compliance rating?

Workhorse Group Inc. (WKHS) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 105.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Workhorse Group Inc.'s Shariah verdict?

Workhorse Group 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 Workhorse Group Inc. re-screened for Shariah compliance?

Workhorse Group Inc. (WKHS) 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.