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FUVV Shariah Compliance
Screening Methodology: AAOIFI
NOT HALAL
Last Updated: June 20, 2024
Report Source: 2023 3rd Quarter Report
Arcimoto Inc. Stock Analysis FUVV
United States Consumer Discretionary Nano Cap Report: Arcimoto, Inc. engages in the design, development, manufacture, sale, and rental of three-wheeled electric vehicles. The company is headquartered in Eugene, Oregon and currently employs 120 full-time employees. The company went IPO on 2017-09-21. The Company’s vehicle products are based on the Arcimoto Platform, which includes the basic lower framed structure and certain key components of its vehicles. The firm operates through three segments: fun utility vehicles (FUV), rental and TMW. The FUV segment consists of the sale of its electric vehicle product lines. The rental segment is engaged in short-term rental of its electric vehicles via various channels or networks. The TMW segment engages in the design, production, sales, and installation of a bolt on kit that converts a two-wheeled motorcycle into a tilting three-wheeled motorcycles. The firm has two vehicle products built on this platform that target specific niches in the vehicle market: its flagship product, the FUV, for everyday consumer trips, and the Deliverator for last-mile delivery and general fleet utility.
Read More Arcimoto Inc (FUVV) Chart
Key Statistics of Arcimoto Inc (FUVV)
Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.
Today's Range
Today's Open
$0.00Volume
449.00P/E Ratio (TTM)
-52 Week Range
Market Cap
945.00Avg. Volume
3646.07Dividend Yield
-Financial Metrics & Statements of Arcimoto Inc (FUVV)
FAQ's for Arcimoto Inc (FUVV)
- According to Musaffa’s Shariah screening methodology, Arcimoto Inc (FUVV) is currently classified as NOT HALAL as of June 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
- A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Arcimoto Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Arcimoto 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 Arcimoto 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 Arcimoto 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 Arcimoto Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.