Solid State PLC SOLI.L
GBX166.00
Last Updated: Oct 06, 12:00 AM·LSE
Pricing for GB stocks is delayed by 24 hours
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Is Solid State PLC Stock Halal?
Shariah Compliance Analysis of SOLI.L Stock
United Kingdom Information Technology Micro Cap Yes. As of October 2026, Solid State PLC (SOLI.L) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Solid State PLC passes Musaffa's business and financial screening criteria.
Solid State Plc engages in the manufacture and distribution of electronic equipment, components, and materials. The company is headquartered in Redditch, Worcestershire and currently employs 429 full-time employees. The company supplies commercial, industrial, and military markets with electronic components, assemblies, and manufactured systems designed for use in critical applications. The company has a core focus on industrial and ruggedized computing, battery power solutions, antennas, secure radio systems, imaging technologies, and electronic components and displays. The company operates through three divisions: Components, Systems, and Power. Systems division has capabilities in the design, manufacture, supply and through life support of high-performance systems. Components division's business provides products and services in three areas: own-brand manufactured components, franchised components, and the provision of value-added services such as sourcing and obsolescence management. Power division is focused on battery systems, and caters to robotics, drones, and naval maritime sectors.
SOLI.L Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Solid State PLC is classified as halal.
HALALSolid State PLC (SOLI.L) Chart
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Financial Metrics & Statements of Solid State PLC (SOLI.L)
FAQ's for Solid State PLC (SOLI.L)
- As of October 2026, Solid State PLC SOLI.L is classified as 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 Solid State PLC using these criteria to determine its compliance status.
- Muslim investors may consider investing in Solid State 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 Solid State 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 Solid State 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 Solid State PLC on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Solid State PLC (SOLI.L)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
