No. As of October 2026, Pineapple Power Corporation PLC (PNPL.L) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Pineapple Power Corporation PLC does not pass Musaffa's business and financial screening criteria.
Pineapple Power Corp. Plc is a special purpose acquisition company, which engages in the provision of acquiring a company or business in the clean and renewable energy sectors that it would develop and grow. The company is headquartered in Haywards Heath, West Sussex and currently employs 0 full-time employees. The company went IPO on 2020-12-24. The firm is focused on identifying potential companies, businesses or asset(s) that have operations in the clean and renewable energy sector. The firm is involved in the process of advancing the agreement with Buffalo Battery Metals Pty Ltd. The firm has not generated revenue.
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Pineapple Power Corporation PLC PNPL.L
GBX2.74
Last Updated: Apr 24, 12:00 AM·LSE
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PNPL.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Pineapple Power Corporation PLC is classified as not halal.
NOT HALAL
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FAQ's for Pineapple Power Corporation PLC (PNPL.L)
As of October 2026, Pineapple Power Corporation PLC PNPL.L 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 Pineapple Power Corporation PLC using these criteria to determine its compliance status.
Muslim investors may consider investing in Pineapple Power Corporation PLC 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 Pineapple Power Corporation PLC 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 Pineapple Power Corporation PLC 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 Pineapple Power Corporation PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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