Is Envirotech Vehicles Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Envirotech Vehicles Inc (EVTV) is currently classified as HALAL as of April 2026. 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 Envirotech Vehicles Inc 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 Envirotech Vehicles Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Envirotech Vehicles Inc?

Muslim investors may consider investing in Envirotech Vehicles 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.

Why is Envirotech Vehicles Inc classified as HALAL?

Musaffa determines the Shariah status of Envirotech Vehicles Inc 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 Envirotech Vehicles Inc updated?

The Shariah compliance status of Envirotech Vehicles Inc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Envirotech Vehicles Inc 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 Envirotech Vehicles Inc?

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

EVTV Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 18, 2026

Report Source: 2025 Annual Report

Envirotech Vehicles Inc. Stock Analysis EVTV

United States Consumer Discretionary Nano Cap Report: 2025 Annual

Envirotech Vehicles engages in the provision of purpose-built zero-emission electric vehicles. The company is headquartered in Corona, California and currently employs 22 full-time employees. The company went IPO on 2017-06-15. Its segments include electric vehicles, medical supplies, and drones. The electric vehicle segment consists of sales of commercial electric vehicles to customers. The medical supplies segment consists solely of sales to Maddox Defense, a related party, based on an agreement to supply refurbished medical gowns on a cost-plus pricing arrangement. Through the Company's drone operations, it is also diversifying its portfolio of assets by engaging in the production and supply of drones that are used in the agricultural environment. The drones segment is limited to start-up expenses and research and development activities. The company serves commercial and last-mile fleets, school districts, public and private transportation service companies and colleges and universities.

Key Statistics of Envirotech Vehicles Inc (EVTV)

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

Today's Range

$1.72$1.86

Today's Open

$1.77

Volume

417.97K

P/E Ratio (TTM)

52 Week Range

$0.33$5.07

Market Cap

9.22M

Avg. Volume

298.87K

Dividend Yield

Financial Metrics & Statements of Envirotech Vehicles Inc (EVTV)

FAQ's for Envirotech Vehicles Inc (EVTV)

According to Musaffa’s Shariah screening methodology, Envirotech Vehicles Inc (EVTV) is currently classified as HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.