Is TOYO Co., Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, TOYO Co., Ltd (TOYO) is currently classified as HALAL as of September 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is TOYO Co., Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes TOYO Co., Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of TOYO Co., Ltd?

Muslim investors may consider investing in TOYO Co., Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is TOYO Co., Ltd classified as HALAL?

Musaffa determines the Shariah status of TOYO Co., Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for TOYO Co., Ltd updated?

The Shariah compliance status of TOYO Co., Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like TOYO Co., Ltd become non-compliant?

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.

Where can I check the Shariah status of TOYO Co., Ltd?

You can check the latest Shariah compliance status of TOYO Co., Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

TOYO Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: September 17, 2025

Report Source: 2025 2nd Quarter Report

Analyst's Ratings for TOYO Co., Ltd (TOYO)

Based on 7 analysts giving stock ratings to TOYO Co., Ltd in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

TOYO Co., Ltd. Stock Analysis TOYO

United States Information Technology Small Cap Report: Q2, 2025

TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. The company is headquartered in Shinagawa-Ku, Tokyo-To and currently employs 528 full-time employees. The company went IPO on 2024-07-02. The firm is mainly engaged in designing, manufacturing and selling of solar cells and solar modules and related businesses. The firm is a solar solution service provider that integrates the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain.

Key Statistics of TOYO Co., Ltd (TOYO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$9.88$10.65

Today's Open

$10.47

Volume

173.48K

P/E Ratio (TTM)

8.95

52 Week Range

$2.57$10.98

Market Cap

276.81M

Avg. Volume

9482.64

Dividend Yield

Financial Metrics & Statements of TOYO Co., Ltd (TOYO)

FAQ's for TOYO Co., Ltd (TOYO)

According to Musaffa’s Shariah screening methodology, TOYO Co., Ltd (TOYO) is currently classified as HALAL as of September 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.