Is Polaris Renewable Energy, Inc. PIF stock halal to invest in?

No, as of February 2026, Polaris Renewable Energy, Inc. stock (PIF) is currently categorized as NOT Shariah Compliant. The company's status is determined by a rigorous financial screening process, which uses the criteria set by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as the primary global standard for Islamic investing. Polaris Renewable Energy, Inc. has been assessed to have exceeded the permissible financial thresholds—specifically in areas like interest-bearing debt or non-permissible income (such as income from interest)—and, therefore, does not qualify as a halal investment under the current review. For investors seeking Shariah compliant global stocks, it is essential to check the latest compliance status, as these screenings are updated regularly (e.g., monthly) or upon the release of new financial reports. You can find the most current status for Polaris Renewable Energy, Inc. and alternative halal stock options within the Tabadulat app.

How often is Polaris Renewable Energy, Inc. PIF reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on Polaris Renewable Energy, Inc. PIF monthly. We apply the rigorous AAOIFI screening methodology under the direct supervision of our dedicated Shariah Supervisory Board to ensure your investments are consistently compliant.

Does Polaris Renewable Energy, Inc. PIF pass the AAOIFI Non Permissible Income criteria?

Yes, as of February 2026, Polaris Renewable Energy, Inc. stock (PIF) passes the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources, such as interest, is below the acceptable threshold set by AAOIFI.

Does Polaris Renewable Energy, Inc. PIF pass the AAOIFI Interest Bearing Investments criteria?

No, as of February 2026, Polaris Renewable Energy, Inc. stock (PIF) does not pass the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments have exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

No, as of February 2026, Polaris Renewable Energy, Inc. stock (PIF) does not pass the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

English

العربية

Be the First to Know!

Join our waitlist for exclusive early access to Tabadulat’s Shariah-compliant trading platform. Get notified as soon as we go live and start investing with confidence.

Polaris Renewable Energy, Inc.

TSX

Shariah-Compliant

Not Shariah

PIF

About

Polaris Renewable Energy, Inc.

PIF

Polaris Renewable Energy Inc. is a significant player in the renewable energy sector, focusing primarily on the development, installation, and management of sustainable energy projects. Its primary function is to generate clean, renewable power from geothermal, solar, and other green energy sources, actively contributing to the global shift towards environmentally-friendly energy solutions. Operating across various regions, Polaris Renewable Energy Inc. is dedicated to harnessing natural energy sources efficiently and reliably, helping to reduce reliance on fossil fuels. The company is pivotal in the renewable energy market, providing both innovative energy solutions and infrastructure designed to meet increasing energy demands while minimizing environmental impact. Its operations thus not only support eco-conscious energy production but also foster energy independence and stability. As sustainable energy becomes a cornerstone of the global energy landscape, Polaris Renewable Energy Inc. continues to play a crucial role in advancing and expanding renewable resources.

Sector:

Utilities

Industry:

Utilities - Renewable

Employees:

205

Website:

https://polarisrei.com

PIF

Frequently asked questions

Related stocks

Mobile login screen for Tabadulat with fields to enter email, a Continue button, an option to create an account, and a language selector showing EN.

Step 1

Sign Up.

Begin by creating your Tabadulat account. Simply enter your details and complete the verification process. You’ll be up and running in no time.

Mobile screen showing add money interface with 100 AED amount and Manual Bank Transfer payment method selected, noting 1-2 business days processing.

Step 2

Deposit.

Add funds to your account using a secure payment method. You can deposit in multiple currencies to get started.

Step 3

Screen.

Screen Stocks for Free and explore a wide range of stocks that are ethically screened for Shariah compliance. Use our Halal Stock Screener to find the best opportunities.

Step 4

Trade.

Once you’ve chosen the right stocks, simply place your trades. Our platform offers real-time market data and seamless execution.

Mobile screen showing investment portfolio with $100,000 total value, $48,000 invested, and a $2,000 return (4.50%) with a line graph and options for 1W, 1M, 3M, YTD, 1Y, Max, plus Trade and Deposit buttons.

Step 5

Track.

Track your Portfolio and monitor your investments with our easy-to-use dashboard. View your portfolio performance, manage assets, and make adjustments as needed.

Step 6

Withdraw.

When you're ready, withdraw your funds quickly and securely to your bank account.

Polaris Renewable Energy, Inc.

About

Polaris Renewable Energy, Inc.

PIF

Frequently asked questions

Is Polaris Renewable Energy, Inc. PIF stock halal to invest in?

How often is Polaris Renewable Energy, Inc. PIF reviewed for Shariah compliance?

Does Polaris Renewable Energy, Inc. PIF pass the AAOIFI Non Permissible Income criteria?

Does Polaris Renewable Energy, Inc. PIF pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

How do I buy Polaris Renewable Energy, Inc. PIF stock?

Sign Up.

Deposit.

Screen.

Trade.

Track.

Withdraw.