Sustainable Projects Group Inc SPGX
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Last Updated: Jul 13, 12:00 AM·OOTC
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SPGX Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Sustainable Projects Group Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Sustainable Projects Group Inc. Stock Analysis SPGX
United States N/A Nano Cap Sustainable Projects Group, Inc. is an investment holding company, which engages in the project development through value based investments and collaborative partnerships. The company is headquartered in Naples Florida, Florida and currently employs 14 full-time employees. The company went IPO on 2013-10-28. The firm is focused on supplying lithium compounds to the electric vehicle (EV) and broader battery markets. Its segments include YER Brands, Sustainable Projects Group and Lithium Harvest. The company has developed a proprietary technology to extract lithium from oilfield wastewater. Its technology and products include direct lithium extraction technology and lithium carbonate and lithium hydroxide. Its technology and products include direct lithium extraction technology and lithium carbonate and lithium hydroxide. Its direct lithium extraction technology enables it to extract and manufacture lithium compounds from oilfield wastewater in a few hours. The company also focuses on producing battery-grade lithium carbonate and lithium hydroxide for use in lithium-ion batteries for EVs and broader battery markets. The firm's subsidiaries include Yer Brands Inc. and Lithium Harvest ApS.
Sustainable Projects Group Inc (SPGX) Chart
Financial Metrics & Statements of Sustainable Projects Group Inc (SPGX)
FAQ's for Sustainable Projects Group Inc (SPGX)
- As of August 2026, Sustainable Projects Group Inc SPGX 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 Sustainable Projects Group Inc using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sustainable Projects 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 Sustainable Projects 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 Sustainable Projects 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 Sustainable Projects 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 Sustainable Projects Group Inc (SPGX)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
