Serve Robotics Inc. (SERV) - Not Halal (Non-Compliant)
Serve Robotics Inc. (SERV) 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
- Integrated Freight & Logistics
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Integrated Freight & Logistics" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 26.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 231.9% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 100.00%.Based on the company's financial statements, approximately 100.00% of dividend income should be donated to charity for purification. This is derived from identified interest income (231.93% of total income). Some scholars may differ on the exact calculation method.
About Serve Robotics Inc.
Serve Robotics Inc. designs, develops, and operates low-emission robots that serve people in public and commercial spaces for food delivery activity in the United States. It builds self-driving delivery robots. Serve Robotics Inc. was founded in 2017 and is headquartered in Redwood City, California.
Frequently Asked Questions
Is Serve Robotics Inc. (SERV) stock halal to invest in?
According to AAOIFI Shariah screening standards, Serve Robotics Inc. (SERV) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does Serve Robotics Inc. have any interest income?
Serve Robotics Inc.'s interest income ratio is 26.2% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if SERV stock is Shariah-compliant?
SERV 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.

