Is CEPL halal?
Capstone Energy Plus, Inc.
Halal
Capstone Energy Plus, Inc. passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
2.99
Day
-8.28%
Market cap
$107.4M
Industry
Specialty Industrial Machinery
Sector
Industrials
What the company does
Capstone Energy+ (formerly Capstone Green Energy, relisted on Nasdaq in 2026) makes microturbine generators and microgrid systems for on-site power and heat at factories, data centers and oil fields, plus energy-as-a-service rentals. Its money comes from turbine sales, rentals and services.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $27.41M ÷ current market cap $107.40M = 25.5%
25.5%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $31.58M ÷ current market cap $107.40M = 29.4%
29.4%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $242K ÷ annual revenue $106.00M (2026) = 0.2%
0.2%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict.
For information (AAOIFI 3/1 note): cash + receivables are 38.7% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1183 of 1454
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Specialty Industrial Machinery — for comparison.
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- Halal investingBlogWhy does a stock's halal status change?A stock that was halal yesterday can leave the list today. The four main reasons — and why none of them is a bug.
Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.