Mynd.ai Inc. R (WK6.F) - Not Halal (Non-Compliant)
Mynd.ai Inc. R (WK6.F) 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: 330.1% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 34.9% | 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. R
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. R (WK6.F) stock halal to invest in?
According to AAOIFI Shariah screening standards, Mynd.ai Inc. R (WK6.F) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.


