Zeo Energy Corporation (ZEO) - Halal (Shariah-Compliant)
Zeo Energy Corporation (ZEO) 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
- Technology
- Industry
- Solar
- Result
- Pass
- Reason
- The sector "Technology" and industry "Solar" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.6% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 2.5% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.22%.Based on the company's financial statements, approximately 0.22% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.22% of total income). Some scholars may differ on the exact calculation method.
About Zeo Energy Corporation
Zeo Energy Corp. engages in the provision of residential solar energy systems in the United States. The company engages in the design, procurement, sale, installation, and maintenance of residential solar energy systems for homeowners to supplement electricity required to power their homes. It also provides roofing and insulation services, energy appliances, and battery storage systems for the residential market. The company markets its products and services to customers directly through in-home visits carried out by its internal sales agents, as well as indirectly through external sales dealers. Zeo Energy Corp. was founded in 2005 and is headquartered in New Port Richey, Florida.
Frequently Asked Questions
Is Zeo Energy Corporation (ZEO) stock halal to invest in?
According to AAOIFI Shariah screening standards, Zeo Energy Corporation (ZEO) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Zeo Energy Corporation have any interest income?
Zeo Energy Corporation's interest income ratio is 2.5% of total revenue. AAOIFI standards require this to be below 30%.

