Braille Energy Systems Inc

BES.V

Compliant
Exchange
Sector
Headquarters
Group
Canada
Micro cap

Braille Energy Systems Inc is Shariah Compliant. It passes 5/5 Shariah standards we screen against.

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Impure Income*

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Purification*

-

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Price Target (Low)
Price Target (High)
Total Analysts
Micro cap
STRONG BUY
$0.11
$0.11
$0.11
1
Revenue Growth
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-7.99%
-76.33%
-76.07%
0.29
0.74
0.00%

Shariah Compliance

  • Updated on October 23, 2025
Debt
6.12%
✓
Non-Compliant Assets
0.00%
✓
Impure Income

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
5.43%
✓
Impure Income

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
5.42%
✓
Impure Income

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
24.28%
✓
Cash
4.59%
✓
Cash & AR
16.95%
✓
Impure Income

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
24.28%
✓
Cash
4.59%
✓
Cash & AR
16.95%
✓
Impure Income

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
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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

Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is a battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and offers a complete line of lightweight high-powered battery systems for the transportation market. It manufactures its own lithium-ion battery line and distributes a full multi-level line of batteries and accessories pre-assembled by a network of suppliers. It helps with battery containment using composite technologies; thermal management, high amperage solutions, high vibration designs, novel battery chemistries, battery controls, and dual-use chemistries. Braille Battery’s manufacturing facility houses management offices, design and engineering, research and development, manufacturing, logistics and fulfillment. Its AGM brands include Micro-lite, Green-lite, Intensity, Intensity Carbon, and Fleet-lite.

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