Is SunCar Technology Group, Inc. SDA stock halal to invest in?

No, as of February 2026, SunCar Technology Group, Inc. stock (SDA) 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. SunCar Technology Group, 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 SunCar Technology Group, Inc. and alternative halal stock options within the Tabadulat app.

How often is SunCar Technology Group, Inc. SDA reviewed for Shariah compliance?

At Tabadulat, we receive Shariah compliance data on SunCar Technology Group, Inc. SDA 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 SunCar Technology Group, Inc. SDA pass the AAOIFI Non Permissible Income criteria?

No, as of February 2026, SunCar Technology Group, Inc. stock (SDA) does not pass the AAOIFI Non Permissible Income criterion. The company's income from non-permissible sources has exceeded the permissible threshold set by AAOIFI, indicating the stock is currently not Shariah compliant for this screen.

Does SunCar Technology Group, Inc. SDA pass the AAOIFI Interest Bearing Investments criteria?

Yes, as of February 2026, SunCar Technology Group, Inc. stock (SDA) passes the AAOIFI Interest Bearing Investments criterion. The company's interest-bearing investments are below the acceptable threshold set by AAOIFI.

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

Yes, as of February 2026, SunCar Technology Group, Inc. stock (SDA) passes the AAOIFI Interest Bearing Debt criterion. The company's interest-bearing debt is below the acceptable threshold set by AAOIFI.

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SunCar Technology Group, Inc.

NASDAQ

Shariah-Compliant

Not Shariah

SDA

About

SunCar Technology Group, Inc.

SDA

Suncar Technology Group Inc. is a company dedicated to the design and manufacture of electric vehicles, emphasizing innovation in the automotive sector focused on sustainability. The primary function of Suncar is to develop eco-friendly vehicular solutions that cater to the increasing global demand for cleaner transportation alternatives. With a strong commitment to reducing carbon footprints, Suncar Technology impacts several industries, including automotive manufacturing, renewable energy, and environmental engineering.Suncar's product line includes a range of electric vehicles (EVs) designed for both personal and commercial uses, promoting the adoption of electric motoring across various markets. The company's role in the financial market is marked by its contribution to the green technology landscape, as it pushes forward developments in battery efficiency and EV infrastructure. As part of the growing EV sector, Suncar Technology Group Inc. plays a significant role in the transition towards sustainable energy solutions, aligning with global trends towards reduced dependence on fossil fuels and increased environmental responsibility.

Sector:

Consumer Cyclical

Industry:

Auto & Truck Dealerships

Employees:

560

Website:

https://suncartech.com

SDA

Frequently asked questions

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SunCar Technology Group, Inc.

About

SunCar Technology Group, Inc.

SDA

Frequently asked questions

Is SunCar Technology Group, Inc. SDA stock halal to invest in?

How often is SunCar Technology Group, Inc. SDA reviewed for Shariah compliance?

Does SunCar Technology Group, Inc. SDA pass the AAOIFI Non Permissible Income criteria?

Does SunCar Technology Group, Inc. SDA pass the AAOIFI Interest Bearing Investments criteria?

Does STOCK pass the AAOIFI Interest Bearing Debt criteria?

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