ReVolve Renewable Power Corp

REVV.V

Not Compliant
Exchange
Sector
Headquarters
Group
Canadian Ventures Exchange
Utilities
Canada
Micro cap

ReVolve Renewable Power Corp is not Shariah Compliant because it fails the financial ratios.

0.6%

Impure Income*

-

Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
0
$0
$0.00
$0.00
0
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
472.30%
33.96%
34.74%
0.00
0.84
0.00%

Shariah Compliance

  • Updated on September 24, 2025
Debt
92.52%
✗
Non-Compliant Assets
15.05%
✓
Impure Income
0.6%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
68.7%
✗
Impure Income
0.6%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
78.57%
✗
Impure Income
0.6%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
64.8%
✗
Cash
14.47%
✓
Cash & AR
16.79%
✓
Impure Income
0.6%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
64.8%
✗
Cash
14.47%
✓
Cash & AR
16.79%
✓
Impure Income
0.6%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.6%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Revolve Renewable Power Corp. is a Canada-based owner, operator and developer of renewable energy projects in North America with a focus on wind, solar, hydro and battery storage technologies. Its business units include utility scale assets and distributed generation. The Company’s portfolio includes operating assets and development. Its operating assets include 12 megawatts (MW) (net) of operating assets under long-term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation. Its development portfolio includes a utility scale development project across the United States, Canada and Mexico with a combined capacity of over 3,000MW as well as a 140MW+ distributed generation portfolio that is under development. Its project portfolio includes VERNAL BESS Phase 1 – US, Primus Wind Project – US, VERNAL BESS Phase 2 – US, El 24 Wind Project – Mexico, El Mentillo Wind Project – Mexico, BRIGHT MEADOWS – Canada, SASK 1 – Canada, and others.

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