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Is EvoAir Holdings Inc Stock Halal?
Shariah Compliance Analysis of EVOH Stock
United States N/A Small Cap Yes. As of October 2026, EvoAir Holdings Inc (EVOH) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. EvoAir Holdings Inc passes Musaffa's business and financial screening criteria.
EvoAir Holdings, Inc. engages in the sale of heating, ventilation, and air conditioning. The company is headquartered in Kuala Lumpur, Kuala Lumpur and currently employs 22 full-time employees. The company went IPO on 2020-06-08. Its product lines include hybrid air conditioners, which include e-Cond EVO and EvoAir; and air purifiers, which include E-Cond Life and Ionic Nano Copper Zinc. The company markets two models of the e-Cond EVO units: the Super King and the Outdoor King. The company offers various options of EvoAir hybrid air conditioner range from 1.0 HP to 2.5 HP, where indoor units of wall mounted, and ceiling cassette (selected models) options are available for residential users. The company also offers EvoAirTM commercial/industrial units range from 5HP to 25HP. The application of commercial units are normally office buildings, retail stores, warehouses, or manufacturing facilities. Its retrofitting services include replacing the customers' outdoor condensing unit with HECS technology.
EVOH Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, EvoAir Holdings Inc is classified as halal.
HALALEvoAir Holdings Inc (EVOH) Chart
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Financial Metrics & Statements of EvoAir Holdings Inc (EVOH)
FAQ's for EvoAir Holdings Inc (EVOH)
- As of October 2026, EvoAir Holdings Inc EVOH is classified as 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 EvoAir Holdings Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in EvoAir Holdings 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 EvoAir Holdings 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 EvoAir Holdings 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 EvoAir Holdings Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to EvoAir Holdings Inc (EVOH)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
