T1 Energy Inc. (TE) - Not Halal (Non-Compliant)
T1 Energy Inc. (TE) is classified as Not Halal (Non-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: 38.9% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 4.0% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About T1 Energy Inc.
T1 Energy Inc. provides energy solutions for solar modules and cells in the United States, Norway and internationally. It manufactures and sells photovoltaic solar modules. The company was formerly known as FREYR Battery, Inc. and changed its name to T1 Energy Inc. in February 2025. T1 Energy Inc. is headquartered in Austin, Texas.
Frequently Asked Questions
Is T1 Energy Inc. (TE) stock halal to invest in?
According to AAOIFI Shariah screening standards, T1 Energy Inc. (TE) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does T1 Energy Inc. have any interest income?
T1 Energy Inc.'s interest income ratio is 4.0% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if TE stock is Shariah-compliant?
TE 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.

