
Is Flux Power (FLUX) stock Halal?
September 2026 AAOIFI screening result for Flux Power Holdings, Inc. (FLUX): non-permissible income, pass. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Dividend purification factor: 100%. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Flux Power specializes in the development, manufacturing, and sales of advanced lithium-ion energy storage systems. These systems are primarily designed for industrial applications, offering efficient and sustainable energy solutions for electric forklifts and other material handling equipment. Major product lines include lithium-ion batteries tailored for Class I, II, and III forklifts, encompassing a range of configuration and capacity needs. Before any of that matters to a Muslim investor, one question comes first: is Flux Power stock Halal?
Is Flux Power Shariah compliant?
Industrial businesses like Flux Power usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does Flux Power pass the business activity test?
Yes. In the September 2026 screening Flux Power holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Flux Power's income Halal?
Yes, within AAOIFI's tolerance. Flux Power's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of FLUX what share of each dividend to keep and what remainder to donate to charity.
Does Flux Power meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has FLUX re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



