Array Technologies Inc ARRY
$4.69 $0.02 (0.42%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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ARRY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Array Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Array Technologies Inc. Stock Analysis ARRY
United States Industrials Small Cap Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 1,200 full-time employees. The company went IPO on 2020-10-15. Its segments include Array Legacy Operations and STI Legacy Operations. Its products are a portfolio of integrated solar tracking systems comprised of software and hardware that include component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers, referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is a range of software and control-based products designed for utility-scale solar sites. The company is also a provider of solar racking and structural solutions.
Array Technologies Inc (ARRY) Chart
Financial Metrics & Statements of Array Technologies Inc (ARRY)
FAQ's for Array Technologies Inc (ARRY)
- As of August 2026, Array Technologies Inc ARRY is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Array Technologies Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Array Technologies Inc if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
- Musaffa determines the Shariah status of Array Technologies Inc by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
- The Shariah compliance status of Array Technologies Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
- You can check the latest Shariah compliance status of Array Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Array Technologies Inc (ARRY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
