Bloom Energy Corporation (BE) - Halal (Shariah-Compliant)
Bloom Energy Corporation (BE) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Electrical Equipment & Parts" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 11.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 10.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 1.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 1.68%.Based on the company's financial statements, approximately 1.68% of dividend income should be donated to charity for purification. This is derived from identified interest income (1.68% of total income). Some scholars may differ on the exact calculation method.
About Bloom Energy Corporation
Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.
Frequently Asked Questions
Is Bloom Energy Corporation (BE) stock halal to invest in?
According to AAOIFI Shariah screening standards, Bloom Energy Corporation (BE) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

