Aurora Innovation, Inc. (AUR) - Halal (Shariah-Compliant)
Aurora Innovation, Inc. (AUR) is classified as Halal (Shariah-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
- Consumer Cyclical
- Industry
- Auto Parts
- Result
- Pass
- Reason
- The sector "Consumer Cyclical" and industry "Auto Parts" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 15.8% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About Aurora Innovation, Inc.
Aurora Innovation, Inc. engages in the self-driving technology business in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate various vehicle types and applications. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
Frequently Asked Questions
Is Aurora Innovation, Inc. (AUR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Aurora Innovation, Inc. (AUR) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Aurora Innovation, Inc. have any interest income?
Aurora Innovation, Inc.'s interest income ratio is 15.8% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if AUR stock is Shariah-compliant?
AUR is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

