Is Founder Group Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Founder Group Ltd (FGL) is currently classified as NOT HALAL as of December 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 Founder Group 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 Founder Group Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Founder Group Ltd?

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.

Why is Founder Group Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Founder Group Ltd updated?

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

Can a halal stock like Founder Group 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 Founder Group Ltd?

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.

FGL Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 03, 2025

Report Source: 2025 2nd Quarter Report

Founder Group Ltd. Stock Analysis FGL

United States Industrials Nano Cap Report: Q2, 2025

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.

Key Statistics of Founder Group Ltd (FGL)

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

Today's Range

$1.90$2.14

Today's Open

$2.14

Volume

38.23K

P/E Ratio (TTM)

52 Week Range

$1.44$143.00

Market Cap

8.94M

Avg. Volume

85.27K

Dividend Yield

Financial Metrics & Statements of Founder Group Ltd (FGL)

Community-Curated Collections with Founder Group Ltd (FGL) ( With FGL )

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

5 star halal compliance stock

By Syed Mujhtaba Ibrahim

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FAQ's for Founder Group Ltd (FGL)

According to Musaffa’s Shariah screening methodology, Founder Group Ltd (FGL) is currently classified as NOT HALAL as of December 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.