Is Polar Power Inc halal to invest in?

According to Musaffa's Shariah screening methodology, Polar Power Inc (POLA) is currently classified as NOT 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 Polar Power 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 Polar Power Inc using these criteria to determine its compliance status.

Can Muslims buy shares of Polar Power Inc?

Muslim investors may consider investing in Polar Power 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 Polar Power Inc classified as NOT HALAL?

Musaffa determines the Shariah status of Polar Power 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 Polar Power Inc updated?

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

Can a halal stock like Polar Power 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 Polar Power Inc?

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

POLA Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 18, 2026

Report Source: 2025 Annual Report

Polar Power Inc. Stock Analysis POLA

United States Industrials Nano Cap Report: 2025 Annual

Polar Power, Inc. engages in the design, manufacture, and sell of direct current (DC) power systems. The company is headquartered in Gardena, California and currently employs 67 full-time employees. The company went IPO on 2016-12-07. The Company’s product portfolio includes standard products for telecom, military, renewable energy, marine, automotive, residential, commercial, oil field and mining applications. Its systems can be configured to operate on any energy source, including photovoltaics, diesel, LPG (propane and butane), and renewable fuels. Its telecom power solutions offer installation, permitting, site leases, and operation. Its military solutions provide power solutions for robotics, drones, communications, hybrid propulsion, and other applications. Its mobile rapid battery charging technology enables on-demand roadside charging for electric vehicles. Its combined heat and power (CHP) residential systems offer vehicle charging and integrated home power systems via natural gas or propane feedstocks. Its micro/nano-grid solutions provide lower-cost energy in bad-grid or no-grid environments.

Key Statistics of Polar Power Inc (POLA)

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

Today's Range

$1.51$1.71

Today's Open

$1.62

Volume

163.81K

P/E Ratio (TTM)

52 Week Range

$1.31$5.75

Market Cap

6.92M

Avg. Volume

337.76K

Dividend Yield

Financial Metrics & Statements of Polar Power Inc (POLA)

FAQ's for Polar Power Inc (POLA)

According to Musaffa’s Shariah screening methodology, Polar Power Inc (POLA) is currently classified as NOT 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.