Firefly Neuroscience, Inc. (AIFF) - Not Halal (Non-Compliant)
Firefly Neuroscience, Inc. (AIFF) is classified as Not Halal (Non-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Technology
- Industry
- Software - Application
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Application" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 66.8% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 7.8% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 7.79%.Based on the company's financial statements, approximately 7.79% of dividend income should be donated to charity for purification. This is derived from identified interest income (7.79% of total income). Some scholars may differ on the exact calculation method.
About Firefly Neuroscience, Inc.
Firefly Neuroscience, Inc., an artificial intelligence company, develops, markets, and distributes medical devices and technologies that allow high-resolution visualization and evaluation of the complex neurophysiological interconnections of the human brain in North America. The company offers the Evoke System, a system used to perform electroencephalographic (EEG) and event-related potential (ERP) assessments, which are analyzed by its cloud-based platform and returned as structured reports designed to support clinical decision-making for various diseases, including depression, anxiety, ADHD, PTSD, MCI, dementia, Parkinson's disease, bipolar disorder, schizophrenia, schizoaffective disorder, ASD, and traumatic brain injury. It serves clinicians. Firefly Neuroscience, Inc. was founded in 2006 and is based in Kenmore, New York.
Frequently Asked Questions
Is Firefly Neuroscience, Inc. (AIFF) stock halal to invest in?
According to AAOIFI Shariah screening standards, Firefly Neuroscience, Inc. (AIFF) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.

