Erayak Power Solution Group Inc RAYA
$2.35 $0.07 (3.07%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
Pricing for US stocks is delayed by 24 hours
RAYA Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Erayak Power Solution Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Erayak Power Solution Group Inc. Stock Analysis RAYA
United States Industrials Nano Cap Erayak Power Solution Group Inc is a CN-based company operating in Electrical Equipment industry. The company is headquartered in Wenzhou, Zhejiang and currently employs 349 full-time employees. The company went IPO on 2022-12-14. Erayak Power Solution Group Inc is principally engaged in the manufacturing, research and development, and wholesale and retail of power solution products. The firm's product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery and smart chargers, and custom-designed products. The firm's products are principally used in homes, campers, yachts, trucks, vans, solar energy systems, outdoor operations, new energy and other fields. The firm's products are exported to Japan, England, Germany, France, Spain, Switzerland, Sweden, the Netherlands, the U.S., Canada and other countries and regions.
Erayak Power Solution Group Inc (RAYA) Chart
Financial Metrics & Statements of Erayak Power Solution Group Inc (RAYA)
FAQ's for Erayak Power Solution Group Inc (RAYA)
- As of August 2026, Erayak Power Solution Group Inc RAYA 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 Erayak Power Solution Group Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Erayak Power Solution Group 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 Erayak Power Solution Group 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 Erayak Power Solution Group 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 Erayak Power Solution Group 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 Erayak Power Solution Group Inc (RAYA)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
