Is Smart Share Global Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Smart Share Global Ltd (EM) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Smart Share Global Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Smart Share Global Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Smart Share Global Ltd?

Muslim investors may consider investing in Smart Share Global Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Smart Share Global Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Smart Share Global Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Smart Share Global Ltd updated?

The Shariah compliance status of Smart Share Global Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Smart Share Global Ltd become non-compliant?

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.

Where can I check the Shariah status of Smart Share Global Ltd?

You can check the latest Shariah compliance status of Smart Share Global Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

EM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 29, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for Smart Share Global Ltd (EM)

Based on 9 analysts giving stock ratings to Smart Share Global Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Smart Share Global Ltd. Stock Analysis EM

United States Consumer Discretionary Micro Cap Report: 2024 Annual

Smart Share Global Ltd. operates as a consumer tech company providing mobile device charging service through an online and offline network. The company is headquartered in Shanghai, Shanghai and currently employs 924 full-time employees. The company went IPO on 2021-04-01. The firm primarily operates through two segments. The Mobile Device Charging Service segment is primarily engaged in the provision of mobile device charging services through power banks and mobile device charging solutions, as well as the sales of power banks and cabinets. The Photovoltaic (PV) Business segment is primarily engaged in the provision of engineering, procurement and construction (EPC) services for household rooftop PV power stations, and the installation of household PV power stations on the rooftop of houses. The firm primarily conducts its businesses in domestic market.

Key Statistics of Smart Share Global Ltd (EM)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$1.19$1.22

Today's Open

$1.20

Volume

1.40M

P/E Ratio (TTM)

52 Week Range

$1.01$1.46

Market Cap

286.50M

Avg. Volume

153.55K

Dividend Yield

Financial Metrics & Statements of Smart Share Global Ltd (EM)

FAQ's for Smart Share Global Ltd (EM)

According to Musaffa’s Shariah screening methodology, Smart Share Global Ltd (EM) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.