Eco Wave Power Global AB (publ) WAVE
$7.00 $0.28 (4.17%) 1D
Last Updated: Aug 21, 12:00 AM·NASDAQ
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WAVE Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Eco Wave Power Global AB (publ) is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Eco Wave Power Global AB (publ). Stock Analysis WAVE
United States Utilities Nano Cap Eco Wave Power Global AB is engaged in the research, development, and manufacture of technology for turning ocean and sea waves into electricity. The company is headquartered in Stockholm, Stockholm and currently employs 13 full-time employees. The company went IPO on 2019-07-18. The firm develops technology for production of clean electricity from ocean and sea waves.
Eco Wave Power Global AB (publ) (WAVE) Chart
Financial Metrics & Statements of Eco Wave Power Global AB (publ) (WAVE)
FAQ's for Eco Wave Power Global AB (publ) (WAVE)
- As of August 2026, Eco Wave Power Global AB (publ) WAVE 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 Eco Wave Power Global AB (publ) using these criteria to determine its compliance status.
- Muslim investors may consider investing in Eco Wave Power Global AB (publ) 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 Eco Wave Power Global AB (publ) 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 Eco Wave Power Global AB (publ) 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 Eco Wave Power Global AB (publ) 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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