Small Cap Stock
A small cap stock is generally that of a company with a market capitalization of between $300 million and $2 billion. Small cap stock investors seek to beat institutional investors by focusing on growth opportunities. Small cap stocks historically have outperformed large cap stocks but are also more volatile and riskier.
Below we list Halal small cap stocks that have shown a price increase of more than 100% in the past three years.
List of Halal Small Cap Stocks with High Growth
Note: The Shariah-compliance statuses of the stocks provided below are based on Musaffa Shariah-compliance screening of fiscal 2024 first quarter (2024 annual for HWKN and TRNS; 2024 third quarter for AEHR and NSSC; 2024 second quarter for BLBD; 2023 annual for ASC and CWCO) financial results using AAOIFI standards. The compliance status of stocks may undergo changes based on screening of subsequent financial results.
| Company Name | Ticker | Market Cap | Past 3 Year Price Growth | Shariah-Compliance Status |
|---|---|---|---|---|
| Limbach Holdings Inc | LMB | $659.30M | 492% | Halal |
| Bel Fuse Inc | BELFA | $880.03M | 466% | Halal |
| Aehr Test Systems | AEHR | $406.53M | 414% | Halal |
| Ardmore Shipping Corp | ASC | $900.93M | 410% | Halal |
| UFP Technologies Inc | UFPT | $1.92B | 334% | Halal |
| Hudson Technologies Inc | HDSN | $416.42M | 214% | Halal |
| NAPCO Security Technologies Inc | NSSC | $1.92B | 195% | Halal |
| Ramaco Resources Inc | METC | $653.35M | 168% | Halal |
| Hawkins Inc | HWKN | $1.82B | 167% | Halal |
| Catalyst Pharmaceuticals Inc | CPRX | $1.79B | 161% | Halal |
| Vita Coco Company Inc | COCO | $1.74B | 157% | Halal |
| United States Lime & Minerals Inc | USLM | $1.94B | 148% | Halal |
| Transcat Inc | TRNS | $1.12B | 121% | Halal |
| Permian Basin Royalty Trust | PBT | $558.37M | 114% | Halal |
| Blue Bird Corp | BLBD | $1.85B | 111% | Halal |
| Innodata Inc | INOD | $459.61M | 106% | Halal |
| Newpark Resources Inc | NR | $731.46M | 102% | Halal |
| Consolidated Water Co Ltd | CWCO | $395.72M | 101% | Halal |