As of August 2026, Vision Marine Technologies Inc is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Vision Marine Technologies Inc. Stock Analysis VMAR
United States Consumer Discretionary Nano Cap
Vision Marine Technologies, Inc. engages in the design, development, and manufacturing of electric outboard powertrain systems and electric boats. The company employs 154 full-time employees The company went IPO on 2020-11-24. The company is focused on developing and commercializing electric propulsion solutions and related products for the recreational boating market. Its core technology is the E-Motion, a high-voltage electric outboard powertrain platform, which includes its flagship 180 HP E-Motion 180E system. The company operates through two segments: electric propulsion and boat manufacturing, including ongoing development and commercialization of our E-Motion systems and electric boat models; and retail sales and services through Nautical Ventures, which provides a scaled distribution platform and recurring service revenue. Its E-Motion powertrain includes high voltage marine battery packs, inverter (charger), throttle control and monitoring and control software. Its product mix includes both electric and internal-combustion engine (ICE) boats, positioning the business as a provider of marine products to consumers and commercial customers.
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Financial Metrics & Statements of Vision Marine Technologies Inc (VMAR)
FAQ's for Vision Marine Technologies Inc (VMAR)
As of August 2026, Vision Marine Technologies Inc VMAR 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 Vision Marine Technologies Inc using these criteria to determine its compliance status.
Muslim investors may consider investing in Vision Marine Technologies 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 Vision Marine Technologies 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 Vision Marine Technologies 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 Vision Marine Technologies Inc on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.