Is Service Stream (SSM) stock Halal?
Service Stream Ltd. (SSM) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 99.88%. Tabadulat re-screens SSM monthly, and the status can change when new financial data arrives.
Service Stream is a technology-driven company specializing in solar-powered mobility solutions and solar integration products aimed at the commercial vehicle and broader automotive sectors. Its core offerings include proprietary solar integration kits designed for buses, trucks, vans, RVs, refrigeration trailers, and other transportation applications, with the goal of enabling energy-efficient and climate-friendly mobility. Before any of that matters to a Muslim investor, one question comes first: is Service Stream stock Halal?
Is Service Stream Shariah compliant?
Industrial businesses like Service Stream 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 Service Stream pass the business activity test?
Yes. In the September 2026 screening Service Stream 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 Service Stream's income Halal?
Yes, within AAOIFI's tolerance. Service Stream'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 99.88% tells holders of SSM what share of each dividend to keep and what remainder to donate to charity.
Does Service Stream 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 SSM 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?



