Polar Power Inc POLA
$1.50 $0.03 (2.04%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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POLA Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Polar Power Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Polar Power Inc. Stock Analysis POLA
United States Industrials Nano Cap 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.
Polar Power Inc (POLA) Chart
Financial Metrics & Statements of Polar Power Inc (POLA)
FAQ's for Polar Power Inc (POLA)
- As of August 2026, Polar Power Inc POLA 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 Polar Power Inc using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Polar Power 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 Polar Power Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Polar Power Inc (POLA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
