
Is Sunrun (RUN) stock Halal?
Sunrun, Inc. (RUN) is not Shariah compliant in the September 2026 AAOIFI screening: it fails the interest-bearing debt screen. Tabadulat re-screens RUN monthly, and a stock can return to compliance when new financial reports change its ratios.
Sunrun is a leading provider of residential solar electricity in the United States. The company's primary focus is on the design, development, installation, and maintenance of home solar systems, enabling homeowners to access affordable renewable energy solutions. By offering a comprehensive suite of solar services, including battery storage and energy consultation, Sunrun empowers customers to reduce their reliance on traditional electric grids and lower their carbon footprint. Before any of that matters to a Muslim investor, one question comes first: is Sunrun stock Halal?
Is Sunrun Shariah compliant?
The Shariah case on a technology company like Sunrun is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.
Does Sunrun pass the business activity test?
The activity screen is only part of the picture this month: Sunrun currently fails the interest-bearing debt screen, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Sunrun's income Halal?
Yes, within AAOIFI's tolerance. Sunrun's income from non-permissible sources stays below 5% of revenue in the September 2026 screening.
Does Sunrun meet AAOIFI's debt and investment ratio requirements?
Not in full. Interest bearing debt currently exceeds the 30% cap, while the other ratio stays within it. One breach is enough to fail the screening; the ratios are reassessed monthly under our Shariah Supervisory Board.
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 Why a Halal Stock Screener Matters for Halal Investing



