Is Byrna Technologies Inc. (BYRN) Halal?
Shariah Screening — 5 Standards
Based on financial data from November 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.9% / 30% | 5.7% / 30% | 4.0% / 30% | 0.35% / 5% | ✓ HALAL |
| DJIM | 0.9% / 33% | 5.7% / 33% | 4.0% / 33% | 0.35% / 5% | ✓ HALAL |
| MSCI | 2.8% / 33% | 18.3% / 33% | 12.8% / 33% | 0.35% / 5% | ✓ HALAL |
| S&P | 0.9% / 33% | 5.7% / 33% | 4.0% / 33% | 0.35% / 5% | ✓ HALAL |
| FTSE | 2.8% / 33% | 18.3% / 33% | 12.8% / 50% | 0.35% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 60.5% | |
| Operating Margin | 11.2% | |
| Net Margin | 8.2% | |
| Return on Equity (ROE) | 16.1% | |
| Return on Assets (ROA) | 9.5% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$9M |
| Total Debt | $2M |
| Debt-to-Equity | 3.6 |
| Current Ratio | 3.7 |
| Total Assets | $84M |
Price & Trading
| Last Close | $9.05 |
| 50-Day MA | $12.54 |
| 200-Day MA | $19.26 |
| Avg Volume | 506K |
| Beta | 2.4 |
|
52-Week Range
$8.76
| |
About Byrna Technologies Inc. (BYRN)
Byrna Technologies Inc., a less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada. The company offers handheld personal security devices and shoulder-fired launchers designed for use by consumers and professional security customers without the need for a background check or firearms license; projectiles, such as chemical irritant, kinetic, and inert rounds; self-defense aerosol products comprising Byrna Bad Guy Repellent; and accessories and related safety products, such as Byrna Banshee, Byrna Shield, compressed carbon dioxide canisters, sighting systems, holsters, and Byrna-branded apparel. It sells its products to the consumer market through its Byrna e-commerce store and Amazon storefront, Side Hustle dealer program, premier dealers, and a network of outdoor and sporting goods stores either directly or through distributors; and to the professional security market through Train the trainer program. The company was formerly known as Security Devices International, Inc. and changed its name to Byrna Technologies Inc. in March 2020. Byrna Technologies Inc. was incorporated in 2005 and is headquartered in Andover, Massachusetts.
Purification Calculator
As a halal stock with 0.35% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Byrna Technologies Inc. (BYRN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Byrna Technologies 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 Byrna Technologies Inc.'s debt ratio?
Byrna Technologies Inc.'s debt ratio is 0.9% 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 2.8%.
Does Byrna Technologies Inc. require dividend purification?
Yes, Byrna Technologies Inc. has an impermissible income ratio of 0.35%, which means 0.35% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Byrna Technologies Inc.'s key financial metrics?
Byrna Technologies Inc. has a market capitalization of $200M, trailing P/E ratio of 22.0, and revenue of $118M. The company maintains a gross margin of 60.5% and a net margin of 8.2%. Return on equity stands at 16.1%.
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.