Nuburu, Inc. (BURU) - Not Halal (Non-Compliant)
Nuburu, Inc. (BURU) 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
- Industrials
- Industry
- Specialty Industrial Machinery
- Result
- Doubtful
- Reason
- This company requires further review: description mentions: military. The sector "Industrials" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 418.6% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 85.7% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 11.3% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 11.28%.Based on the company's financial statements, approximately 11.28% of dividend income comes from non-permissible sources; this is the share many investors donate to purify it. This is derived from identified interest income (11.28% of total income). Some scholars may differ on the exact calculation method.
About Nuburu, Inc.
Nuburu, Inc. develops and delivers high-power and high-brightness blue laser technology for welding and 3D printing applications in the United States. The company's blue laser systems are used in EV batteries, medical device production, large screen displays, and cell phone components. It also focuses on the development, integration, and deployment of dual-use, non-kinetic, and software-orchestrated solutions through its defense and security platform that address modern security and resilience challenges across military, governmental, and civilian domains. In addition, the company is involved in the design, development, and production of advanced laser sources, optics, electronics, and customized laser systems for industrial, medical, and high-reliability applications. It serves the military and government sectors, as well as the civilian sectors, including financial services, energy, transportation, agriculture and food systems, and other critical-infrastructure operator industries. Nuburu, Inc has strategic alliance with SunCubes S.r.l. to introduce a multi-layered suite of laser-based innovations tailored for the drone and counter-UAV sectors. Nuburu, Inc. was founded in 2015 and is headquartered in Denver, Colorado.
