Is Fly-E Group Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Fly-E Group Inc (FLYE) 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 Fly-E Group 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 Fly-E Group Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Fly-E Group Inc?

Muslim investors may consider investing in Fly-E Group 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 Fly-E Group Inc classified as HALAL?

Musaffa determines the Shariah status of Fly-E Group 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 Fly-E Group Inc updated?

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

Can a halal stock like Fly-E Group 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 Fly-E Group Inc?

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

FLYE Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: April 26, 2026

Report Source: 2026 3rd Quarter Report

Fly-E Group Inc. Stock Analysis FLYE

United States Consumer Discretionary Nano Cap Report: Q3, 2026

Fly-E Group, Inc. is an electric vehicle company, which engages in designing, installing, and selling smart electric motorcycles, electric bikes, electric scooters, and related accessories under the brand Fly E-Bike. The company is headquartered in Queens, New York. The company went IPO on 2024-06-06. The firm has approximately 36 stores, including 35 retail stores in the United States and one retail store in Canada. The firm offers rental services from selected locations in New York and Los Angeles. The company also sells its products through its online store at flyebike.com. The firm offers 25 E-motorcycle products, 28 E-bike products and 37 E-scooter products. The company has a diversified product portfolio that is designed to satisfy the various demands of its customers and address different urban travel scenarios. The firm has produced approximately 3,842 E-motorcycles, 5,713 E-bikes and 1,480 E-scooters. The company sources vehicle components from China and the United States and then assembles them into its vehicles in a facility located in Maspeth, New York.

Key Statistics of Fly-E Group Inc (FLYE)

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

Today's Range

$1.70$1.82

Today's Open

$1.70

Volume

4311.00

P/E Ratio (TTM)

52 Week Range

$1.68$161.80

Market Cap

3.33M

Avg. Volume

8211.00

Dividend Yield

Financial Metrics & Statements of Fly-E Group Inc (FLYE)

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FAQ's for Fly-E Group Inc (FLYE)

According to Musaffa’s Shariah screening methodology, Fly-E Group Inc (FLYE) 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.