Cell Impact AB (CI.ST) - Halal (Shariah-Compliant)
Cell Impact AB (CI.ST) 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
Metal Fabrication
Result
Pass
Reason
The sector "Industrials" and industry "Metal Fabrication" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 15.2% | Threshold: 30% | Result: Pass
Cash & Interest-bearing Securities Ratio
Value: 0.5% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 3.8% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 3.77%.Based on the company's financial statements, approximately 3.77% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (3.77% of total income). Some scholars may differ on the exact calculation method.
About Cell Impact AB
Cell Impact AB (publ) manufactures and sells bipolar flow plates for hydrogen fuel cells and electrolyzers in the United States, Sweden, Other Europe, and Asia. The company provides production series of flow plates; design for manufacturing and other design services; tools and prototypes; local production; and leak testing, cleaning options, and advanced measurement instruments. The company was incorporated in 1999 and is headquartered in Karlskoga, Sweden.
Frequently Asked Questions
Is Cell Impact AB (CI.ST) stock halal to invest in?
According to AAOIFI Shariah screening standards, Cell Impact AB (CI.ST) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Cell Impact AB have any interest income?
Identified interest income is 3.8% of Cell Impact AB's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if CI.ST stock is Shariah-compliant?
Based on the company's financial statements, approximately 3.77% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (3.77% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About Cell Impact AB
Cell Impact AB (publ) manufactures and sells bipolar flow plates for hydrogen fuel cells and electrolyzers in the United States, Sweden, Other Europe, and Asia. The company provides production series of flow plates; design for manufacturing and other design services; tools and prototypes; local production; and leak testing, cleaning options, and advanced measurement instruments. The company was incorporated in 1999 and is headquartered in Karlskoga, Sweden.
SwedenSTOIndustrials
Screened using AAOIFI Standard No. 21 on October 28, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on Oct 28, 2026. We started recording changes on Oct 28, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, Cell Impact AB (CI.ST) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Identified interest income is 3.8% of Cell Impact AB's total income. AAOIFI standards require non-permissible income to be below 5%.
CI.ST is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
Cell Impact AB's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
Watch CI.ST free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Approximately 3.77% of dividend income from Cell Impact AB comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
CI.ST is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is Cell Impact AB stock reviewed for Shariah compliance?
Cell Impact AB's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on Cell Impact AB's compliance status?
Watch CI.ST free with a Mizaan account. Watched stocks are re-checked weekly, and any verdict change is dated in the verdict history on this page. Premium members also get an alert when it changes.
Are dividends from Cell Impact AB stock considered halal?
Approximately 3.77% of dividend income from Cell Impact AB comes from non-permissible sources such as interest income. Many investors purify that share by donating it to charity; scholars differ on the details, so check with one you trust.
Do I need to pay Zakat on my Cell Impact AB shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
