SeaTwirl AB (publ) SETWF
SETWF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, SeaTwirl AB (publ) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
SeaTwirl AB (publ). Stock Analysis SETWF
United States Industrials Nano Cap SeaTwirl AB is a development company. The company is headquartered in Goeteborg, Vastra Gotalands and currently employs 13 full-time employees. The company went IPO on 2016-12-22. The firm operates as a manufacturer and designer of floating wind turbine customized for the ocean. The firm's technology uses a vertical axis wind turbine with a tower that is attached to a floating structure that stretches deep below the water’s surface. The wind turbine, tower and submerged structure, which has a buoyancy element and keel, are fixed together and rotate as a single unit. The water carries the full weight of the structure and when the wind turbine captures wind energy the structure is stabilized by the keel like the function of a sailing boat. The generator housing, which is wrapped around the tower at the base of the wind turbine above the surface of the water, contains the generator that transforms the kinetic energy of the wind turbine into electrical energy.
SeaTwirl AB (publ) (SETWF) Chart
Financial Metrics & Statements of SeaTwirl AB (publ) (SETWF)
FAQ's for SeaTwirl AB (publ) (SETWF)
- As of August 2026, SeaTwirl AB (publ) SETWF 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 SeaTwirl AB (publ) using these criteria to determine its compliance status.
- Muslim investors may consider investing in SeaTwirl AB (publ) 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 SeaTwirl AB (publ) 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 SeaTwirl AB (publ) 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 SeaTwirl AB (publ) 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 SeaTwirl AB (publ) (SETWF)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
