Is AWARE INC /MA/ (AWRE) Halal?

NASDAQ Technology United States $27M
✗ NOT HALAL
Confidence: 90/100
AWARE INC /MA/ (AWRE) is Not Halal under AAOIFI Standard 21. While the debt ratio of 12.3% is acceptable, the cash and interest-bearing securities ratio of 80.8% exceeds the 30% threshold. AWARE INC /MA/ operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 12.3%
/ 30%
80.8%
/ 30%
11.6%
/ 30%
6.71%
/ 5%
✗ NOT HALAL
DJIM 12.3%
/ 33%
80.8%
/ 33%
11.6%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
MSCI 10.0%
/ 33%
65.2%
/ 33%
9.4%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
S&P 12.3%
/ 33%
80.8%
/ 33%
11.6%
/ 33%
6.71%
/ 5%
✗ NOT HALAL
FTSE 10.0%
/ 33%
65.2%
/ 33%
9.4%
/ 50%
6.71%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.28
P/B Ratio
1.0
EV/EBITDA
-1.4
EV: $9M
Revenue
$17M
Growth: -2.8%
Beta
0.9
Average volatility
Current Ratio
3.8

Profitability

Gross Margin 92.3%
Operating Margin -31.1%
Net Margin -34.0%
Return on Equity (ROE) -20.6%
Return on Assets (ROA) -10.3%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$6M
Total Debt$4M
Debt-to-Equity15.2
Current Ratio3.8
Total Assets$37M

Price & Trading

Last Close$1.36
50-Day MA$1.63
200-Day MA$2.09
Avg Volume38K
Beta0.9
52-Week Range
$1.10
$2.95

About AWARE INC /MA/ (AWRE)

CEO
Mr. Ajay K. Amlani
Employees
80
Sector
Technology
Industry
Software - Application
Country
United States
Exchange
NASDAQ
Market Cap
$27M
Currency
USD

Aware, Inc., a biometric identity platform company, provides biometrics software products and services for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including AwareID, a software-as-a-service that provides identity verification and continuous authentication capabilities; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine. It also provides BioSP, a biometric integration platform-as-a-service that enables biometric data processing and management functionality in a web services architecture; and WebEnroll, a browser-based biometric enrollment and data management solution. In addition, the company offers biometrics applications, such as Nexa line, a biometric search and match SDKs including Nexa Fingerprint, Nexa Face, Nexa Iris, and Nexa Voice; and AwareXM, an interoperable fingerprint matching SDK that provides fingerprint minutiae extraction, template generation, and fingerprint authentication. Further, it sells imaging products used in medical and advanced imaging applications; and offers software maintenance, program management, and software engineering services. The company sells its products and services through systems integrators, original equipment manufacturers (OEMs), value added resellers, partners, and directly to select end user customers. Aware, Inc. was incorporated in 1986 and is headquartered in Burlington, Massachusetts.

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Frequently Asked Questions

Is AWARE INC /MA/ (AWRE) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), AWARE INC /MA/ 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 AWARE INC /MA/'s debt ratio?

AWARE INC /MA/'s debt ratio is 12.3% 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 10.0%.

What are AWARE INC /MA/'s key financial metrics?

AWARE INC /MA/ has a market capitalization of $27M, and revenue of $17M. The company maintains a gross margin of 92.3% and a net margin of -34.0%. Return on equity stands at -20.6%.

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.