Is FIREFLY NEUROSCIENCE, INC. (AIFF) Halal?

NASDAQ Technology United States $34M
✗ NOT HALAL
Confidence: 90/100
FIREFLY NEUROSCIENCE, INC. (AIFF) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 1119.44% exceeds the 5% threshold allowed under AAOIFI. FIREFLY NEUROSCIENCE, INC. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 2.6%
/ 30%
6.9%
/ 30%
0.5%
/ 30%
1119.44%
/ 5%
✗ NOT HALAL
DJIM 2.6%
/ 33%
6.9%
/ 33%
0.5%
/ 33%
1119.44%
/ 5%
✗ NOT HALAL
MSCI 15.1%
/ 33%
39.3%
/ 33%
2.6%
/ 33%
1119.44%
/ 5%
✗ NOT HALAL
S&P 2.6%
/ 33%
6.9%
/ 33%
0.5%
/ 33%
1119.44%
/ 5%
✗ NOT HALAL
FTSE 15.1%
/ 33%
39.3%
/ 33%
2.6%
/ 50%
1119.44%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.26
P/B Ratio
3.0
EV/EBITDA
-2.9
EV: $25M
Revenue
$108,000
Growth: 1075.8%
Current Ratio
2.0

Profitability

Gross Margin 65.9%
Operating Margin -632.5%
Net Margin 0.0%
Return on Equity (ROE) -340.8%
Return on Assets (ROA) -61.5%

Cash Flow & Balance Sheet

Operating Cash Flow-$6M
Free Cash Flow-$7M
Total Debt$694,000
Current Ratio2.0
Total Assets$5M

Price & Trading

Last Close$3.02
50-Day MA$1.24
200-Day MA$2.05
Avg Volume8.2M
52-Week Range
$0.62
$4.51

About FIREFLY NEUROSCIENCE, INC. (AIFF)

CEO
Mr. Greg Lipschitz
Employees
13
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$34M
Currency
USD

Firefly Neuroscience, Inc., a medical technology and artificial intelligence company, provides neuroscientific solutions that improve brain health outcomes for patients with mental illnesses and neurological disorders. The company offers Brain Network Analytics, a software that focuses on diagnostic and treatment for people suffering from mental illnesses and cognitive disorders, including depression, dementia, anxiety disorders, concussions, and attention-deficit/hyperactivity disorder. It serves pharmaceutical companies and medical practitioners. Firefly Neuroscience, Inc. was founded in 2006 and is based in Kenmore, New York.

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Frequently Asked Questions

Is FIREFLY NEUROSCIENCE, INC. (AIFF) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), FIREFLY NEUROSCIENCE, INC. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is FIREFLY NEUROSCIENCE, INC.'s debt ratio?

FIREFLY NEUROSCIENCE, INC.'s debt ratio is 2.6% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 15.1%.

What are FIREFLY NEUROSCIENCE, INC.'s key financial metrics?

FIREFLY NEUROSCIENCE, INC. has a market capitalization of $34M, and revenue of $108,000. Return on equity stands at -340.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.