Is Fluence Energy, Inc. (FLNC) halal? Halal. Based on AAOIFI screening, Fluence Energy, Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 85/100 (Grade: A).

Fluence Energy, Inc.

FLNC: Is Fluence Energy, Inc. Halal?

Halal

Fluence Energy, Inc.

NASDAQUtilitiesUS

$23.71

-2.35%

Purify ~0.3% of income

About Fluence Energy, Inc.

Fluence Energy, Inc. (FLNC) is a global provider of sophisticated energy storage systems and AI-powered digital applications, specifically designed for renewable energy integration and overall storage optimization. The company's core offering encompasses integrated energy storage products, blending advanced hardware, proprietary software, and intelligent digital controls. Alongside these products, Fluence delivers comprehensive services, including expert engineering and deployment support, ongoing operational maintenance, and a flexible 'energy storage-as-a-service' model. They also develop standalone digital tools and applications. Key among its product portfolio are solutions like Gridstack, an industrial-grade system built for large-scale grid applications; Sunstack, engineered to maximize the efficiency of solar energy capture and distribution; and Edgestack, a commercial-focused solution designed to manage energy loads and smooth demand peaks for businesses. Fluence serves a diverse client base, including major utilities, renewable energy developers, and commercial and industrial enterprises. Established in 2018 and headquartered in Arlington, Virginia, Fluence operates as a joint venture formed by Siemens Aktiengesellschaft and The AES Corporation.

Sector: Utilities 路 Industry: Renewable Utilities

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 15, 2026
A

Very Good

Strong compliance across all metrics

85Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Passed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap0.7% / 30.0%

Compliance History

Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

Tracked since May 2026. Updates automatically on each re-screen.

Screened: Jun 15, 2026Fiscal: Q2 2026Source: FMP

Purify Your FLNC Dividends

0.3% non-compliant income

FLNC has 0.3% prohibited income. Calculate exactly how much of your dividends to donate.

Financial Overview

Market Cap

4.4B

Price

$23.71

Sector

Utilities

Industry

Renewable Utilities

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Frequently Asked Questions

Is Fluence Energy, Inc. (FLNC) halal to invest in?
Based on AAOIFI Standard 21 screening, Fluence Energy, Inc. (FLNC) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Fluence Energy, Inc. get a A compliance rating?
Fluence Energy, Inc. (FLNC) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 0.7% (limit 30%); interest-bearing deposits of 15.8% (limit 30%); prohibited income of 0.27% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Fluence Energy, Inc.'s Shariah verdict?
Fluence Energy, Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Fluence Energy, Inc. re-screened for Shariah compliance?
Fluence Energy, Inc. (FLNC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 15, 2026.

Screened according to AAOIFI Standard No. 21 路 For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.