Is Arrive AI Inc. (ARAI) Halal?

NASDAQ Technology United States $29M
✓ HALAL
Confidence: 83/100
Arrive AI Inc. (ARAI) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 0.1% against the AAOIFI threshold of 30%, Arrive AI Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Software - Infrastructure), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.1%
/ 30%
0.3%
/ 30%
0.0%
/ 30%
N/A ✓ HALAL
DJIM 0.1%
/ 33%
0.3%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
MSCI 1.9%
/ 33%
13.1%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
S&P 0.1%
/ 33%
0.3%
/ 33%
0.0%
/ 33%
N/A ✓ HALAL
FTSE 1.9%
/ 33%
13.1%
/ 33%
0.0%
/ 50%
N/A ✓ HALAL

Financial Highlights

EPS
$-0.30
P/B Ratio
5.8
EV/EBITDA
-3.0
EV: $29M
Revenue
$0
Current Ratio
1.9

Profitability

Gross Margin -22.4%
Operating Margin -22151.4%
Net Margin 0.0%
Return on Equity (ROE) -519.4%
Return on Assets (ROA) -113.8%

Cash Flow & Balance Sheet

Operating Cash Flow-$2M
Free Cash Flow-$2M
Total Debt$19,082
Debt-to-Equity86.8
Current Ratio1.9
Total Assets$987,788

Price & Trading

Last Close$0.86
50-Day MA$1.40
200-Day MA$4.49
Avg Volume1.0M
52-Week Range
$0.76
$40.00

About Arrive AI Inc. (ARAI)

CEO
Mr. Daniel Steven O'Toole
Employees
33
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$29M
Currency
USD

Arrive AI Inc. a developmental technology company, designs and implement viable smart mailbox and platform system for smart, secure, and seamless exchange of packages, goods, supplies, food, and medications between people, by robots, and drones in the United States. Arrive AI Inc. was formerly known as Arrive Technology Inc. and changed its name to Arrive AI Inc. in September 2024. The company was incorporated in 2020 and is based in Fishers, Indiana.

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Frequently Asked Questions

Is Arrive AI Inc. (ARAI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Arrive AI Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Arrive AI Inc.'s debt ratio?

Arrive AI Inc.'s debt ratio is 0.1% 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 1.9%.

What are Arrive AI Inc.'s key financial metrics?

Arrive AI Inc. has a market capitalization of $29M. Return on equity stands at -519.4%.

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.