ZenaTech, Inc. (ZENA) - Halal (Shariah-Compliant)
ZenaTech, Inc. (ZENA) is classified as Halal (Shariah-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
- Software - Infrastructure
- Result
- Pass
- Reason
- The sector "Technology" and industry "Software - Infrastructure" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 1.8% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 1.6% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.7% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.68%.Based on the company's financial statements, approximately 0.68% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.68% of total income). Some scholars may differ on the exact calculation method.
About ZenaTech, Inc.
ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada, South Korea, the United Kingdom, North America, Europe, Taiwan, and the United Arab Emirates. It provides cloud-based enterprise software solutions for the medical records industry; software solutions for the automated facility management and contact center industry; safety and compliance management software and mobile solutions; field service management software and mobile solutions; browser-based enterprise software applications for public safety; and quantum computing solutions. The company also engages in the manufacturing, sale, and distribution of drones. The company serves businesses, government agencies, healthcare providers, educational institutions, law enforcement, infrastructure operators, agricultural enterprises, and commercial and industrial customers. ZenaTech, Inc. was formerly known as ZenaDrone, Inc. and changed its name to ZenaTech, Inc. on October 5, 2020. The company was incorporated in 2017 and is based in Vancouver, Canada.
Frequently Asked Questions
Is ZenaTech, Inc. (ZENA) stock halal to invest in?
According to AAOIFI Shariah screening standards, ZenaTech, Inc. (ZENA) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

