Mynd.ai, Inc. (MYND) - Not Halal (Non-Compliant)
Mynd.ai, Inc. (MYND) 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
- Consumer Defensive
- Industry
- Education & Training Services
- Result
- Pass
- Reason
- The sector "Consumer Defensive" and industry "Education & Training Services" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 323.5% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 34.2% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 0.5% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.49%.Based on the company's financial statements, approximately 0.49% 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 (0.49% of total income). Some scholars may differ on the exact calculation method.
About Mynd.ai, Inc.
Mynd.ai, Inc. engages in providing interactive flat panel display (IFPDs) products. The company offers interactive displays, such as ActivPanel 10, ActivPanel D-Serie, and ActivPanel LX. It also provides softwares, including The Promethean ActivSuite that offers a platform for seamless, dynamic, and flexible learning and collaboration; ActivInspire, a downloadable and collaborative lesson-delivery software, as well as a web-based lesson creation and delivery software platform for education tools, apps, resources, and content. In addition, the company offers accessories for IFPDs, such as distance learning bundle, chromebox, OPS-M, Activconnect, Activsoundbar, Activpanel stands, and computing modules. Mynd.ai, Inc. is headquartered in Alpharetta, Georgia. Mynd.ai, Inc. operates as a subsidiary of NetDragon Websoft Holdings Limited.
Frequently Asked Questions
Is Mynd.ai, Inc. (MYND) stock halal to invest in?
According to AAOIFI Shariah screening standards, Mynd.ai, Inc. (MYND) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


