Nuran Wireless Inc. (NUR) - Not Halal (Non-Compliant)
Nuran Wireless Inc. (NUR) 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
- Communication Equipment
- Result
- Pass
- Reason
- The sector "Technology" and industry "Communication Equipment" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 106.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 2.8% | 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 Nuran Wireless Inc.
Nuran Wireless Inc., together with its subsidiaries, engages in the research, development, manufacture, marketing, and operation of digital electronic circuits and wireless telecommunication products in Canada, Europe, Africa, Marshall Island, and internationally. It operates through Direct Sales and Network as a Service (NaaS) segments. The company offers GSM LiteCell, a GSM base station for rural and roadside coverages, low density villages, remote sites, developing countries/emerging markets, and private networks; OC-2G, a carrier-grade GSM base station; Litecell-xG, a 2G, 3G, and 4G multi-standard base station; and Nexus Core Network, a 2G and 3G soft core network for small to medium-sized operations, including regional and rural mobile network, enterprise private network, and humanitarian and disaster relief organizations. It also provides wireless network solutions comprising SENTINEL, a network management and monitoring solution; INSIGHT, a geo intelligence and site survey complete service; and SOLSTICE, a solar phone charging solution. The company serves mobile network operators. Nuran Wireless Inc. is headquartered in Québec, Canada.
Frequently Asked Questions
Is Nuran Wireless Inc. (NUR) stock halal to invest in?
According to AAOIFI Shariah screening standards, Nuran Wireless Inc. (NUR) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.