Founder Group Ltd FGL
$0.27 $0.02 (7.44%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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FGL Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Founder Group Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Founder Group Ltd. Stock Analysis FGL
United States Industrials Nano Cap Founder Group Ltd. is a holding company, which engages in the supply and installation of solar systems and other engineering works involving civil, structural, mechanical, and electrical engineering. The company is headquartered in Klang, Selangor. The company went IPO on 2024-10-23. The Company’s segments include Large-scale solar projects and Commercial & Industrial (C&I) projects. Large-scale solar projects are utility scale solar photovoltaic (PV) power plants with installed generating capacity of one megawatt alternating current or more. Large-scale solar projects are ground mounted and are designed to supply power to the power grid. C&I projects are smaller scale solar projects where the solar PV systems are installed on rooftops and are designed to generate electricity for commercial and industrial properties for their own consumption, such as factories, warehouses and commercial stores. The firm offers engineering and design, from initial conceptualization up to detailed system design. This includes designing the solar PV array and balance of system.
Founder Group Ltd (FGL) Chart
Financial Metrics & Statements of Founder Group Ltd (FGL)
FAQ's for Founder Group Ltd (FGL)
- As of August 2026, Founder Group Ltd FGL 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 Founder Group Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Founder Group 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.
- Musaffa determines the Shariah status of Founder Group Ltd 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 Founder Group Ltd 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 Founder Group Ltd 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 Founder Group Ltd (FGL)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
