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Is First Solar, Inc. Stock Halal?
Shariah Compliance Analysis of FSLR Stock
United States Information Technology Large Cap Yes. As of November 2026, First Solar, Inc. (FSLR) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Solar, Inc. passes Musaffa's business and financial screening criteria.
First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. The company is headquartered in Phoenix, Arizona and currently employs 7,900 full-time employees. The company went IPO on 2006-11-17. The company is focused on enabling power generation needs with its advanced, thin film PV technology. The firm's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The firm's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 464 watts and 532 watts, respectively.
FSLR Shariah Compliance
Screening Methodology: AAOIFI
As of November 2026, First Solar, Inc. is classified as halal.
HALALFirst Solar, Inc. (FSLR) Chart
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Financial Metrics & Statements of First Solar, Inc. (FSLR)
FAQ's for First Solar, Inc. (FSLR)
- As of November 2026, First Solar, Inc. FSLR 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 First Solar, Inc. using these criteria to determine its compliance status.
- Muslim investors may consider investing in First Solar, 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 First Solar, 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 First Solar, 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 First Solar, 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 First Solar, Inc. (FSLR)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
