Is US Solar Fund PLC halal to invest in?

According to Musaffa's Shariah screening methodology, US Solar Fund PLC (USF.L) is currently classified as NOT HALAL as of January 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 US Solar Fund PLC 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 US Solar Fund PLC using these criteria to determine its compliance status.

Can Muslims buy shares of US Solar Fund PLC?

Muslim investors may consider investing in US Solar Fund 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.

Why is US Solar Fund PLC classified as NOT HALAL?

Musaffa determines the Shariah status of US Solar Fund PLC 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 US Solar Fund PLC updated?

The Shariah compliance status of US Solar Fund PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like US Solar Fund PLC 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 US Solar Fund PLC?

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

US Solar Fund PLC USF.L

$0.28

Last Updated: May 15, 12:00 AM·LSE

USF.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 29, 2025

Report Source: 2024 2nd Quarter Report

US Solar Fund PLC. Stock Analysis USF.L

United Kingdom N/A Micro Cap Report: Q2, 2024

US Solar Fund PLC is a GB-based company operating in industry. US Solar Fund plc is a United Kingdom-based renewable energy fund. The Company’s investment objective is to provide investors with attractive, sustainable dividends along with an element of capital growth through its investment in a diversified portfolio of utility-scale solar power plants across North America and other Organization for Economic Co-operation and Development (OECD) countries in the Americas. The firm develops, acquires or constructs solar power assets that are expected to have an asset life of at least over 30 years and generate stable cash flow by selling electricity to creditworthy offtakers under long-term power purchase agreements. The firm has invested in six transactions, including approximately 42 projects across four states and with a combined capacity of 543 megawatts. The firm is managed by Amber Infrastructure Investment Advisor, LLC.

Key Statistics of US Solar Fund PLC (USF.L)

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

Today's Range

$0.27$0.27

Today's Open

$0.28

Volume

285.00

P/E Ratio (TTM)

52 Week Range

$0.27$0.42

Market Cap

87.12M

Avg. Volume

36.29K

Dividend Yield

8.84%

Financial Metrics & Statements of US Solar Fund PLC (USF.L)

FAQ's for US Solar Fund PLC (USF.L)

According to Musaffa’s Shariah screening methodology, US Solar Fund PLC (USF.L) is currently classified as NOT HALAL as of January 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.