Braiin Limited (BRAI) - Halal (Shariah-Compliant)
Braiin Limited (BRAI) 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
- Technology
- Industry
- Computer Hardware
- Result
- Pass
- Reason
- The sector "Technology" and industry "Computer Hardware" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 0.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 1.0% | 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, so this calculation finds nothing to purify based on available data.
About Braiin Limited
Braiin Limited operates as an agriculture and analytics services company that provides solutions to improve farming productivity using IoTs, Wireless Connectivity, Robotics, Software, and AI/ML in Australia and New Zealand. It has strategic partnership with Muval to support and expand residential lifecycle opportunities in the United Kingdom and United States. The company was incorporated in 2022 and is based in Subiaco, Australia. As of March 20, 2023, Braiin Limited operates as a subsidiary of Northern Revival Acquisition Corporation.
Frequently Asked Questions
Is Braiin Limited (BRAI) stock halal to invest in?
According to AAOIFI Shariah screening standards, Braiin Limited (BRAI) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.
Does Braiin Limited have any interest income?
Identified interest income is 0.0% of Braiin Limited's total income. AAOIFI standards require non-permissible income to be below 5%.
What guidelines are used to determine if BRAI stock is Shariah-compliant?
BRAI 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.


