Is CRA INTERNATIONAL, INC. (CRAI) Halal?

NASDAQ Industrials United States $1.0B
✓ HALAL
Confidence: 95/100
CRA INTERNATIONAL, INC. (CRAI) is Halal under 4 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 8.9% against the AAOIFI threshold of 30%, CRA INTERNATIONAL, INC. comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Consulting Services), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.9%
/ 30%
2.3%
/ 30%
19.4%
/ 30%
0.01%
/ 5%
✓ HALAL
DJIM 8.9%
/ 33%
2.3%
/ 33%
19.4%
/ 33%
0.01%
/ 5%
✓ HALAL
MSCI 18.1%
/ 33%
4.7%
/ 33%
39.6%
/ 33%
0.01%
/ 5%
✗ NOT HALAL
S&P 8.9%
/ 33%
2.3%
/ 33%
19.4%
/ 33%
0.01%
/ 5%
✓ HALAL
FTSE 18.1%
/ 33%
4.7%
/ 33%
39.6%
/ 50%
0.01%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
18.8
Forward: 16.1
EPS
$8.13
Dividend Yield
149.0%
Payout: 25.1%
P/B Ratio
4.7
EV/EBITDA
11.5
EV: $1.1B
Revenue
$752M
Growth: 11.6%
Beta
0.8
Average volatility
Current Ratio
0.9

Profitability

Gross Margin 30.9%
Operating Margin 10.5%
Net Margin 7.3%
Return on Equity (ROE) 25.7%
Return on Assets (ROA) 8.7%

Cash Flow & Balance Sheet

Operating Cash Flow$22M
Free Cash Flow$19M
Total Debt$127M
Debt-to-Equity59.6
Current Ratio0.9
Total Assets$629M

Price & Trading

Last Close$156.48
50-Day MA$174.92
200-Day MA$187.12
Avg Volume148K
Beta0.8
52-Week Range
$149.96
$227.29

About CRA INTERNATIONAL, INC. (CRAI)

CEO
Mr. Paul A. Maleh
Employees
959
Sector
Industrials
Industry
Consulting Services
Country
United States
Exchange
NASDAQ
Market Cap
$1.0B
Currency
USD

CRA International, Inc., together with its subsidiaries, provides economic, financial, and management consulting services worldwide. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guide corporations through business strategy and performance-related issues. The company also offers consulting services, including research and analysis, expert testimony, and comprehensive support in litigation and regulatory proceedings in the areas of finance, accounting, economics, insurance, and forensic accounting and investigations to corporate clients and attorneys. In addition, it provides management consulting services, such as strategy development, performance improvement, corporate strategy and portfolio analysis, estimation of market demand, environmental, social and corporate governance and sustainability strategy and analysis, design and implementation of auction and bidding, new product pricing strategies, survey and market research, valuation of intellectual property and other assets, assessment of competitors' actions, and analysis of new sources of supply. The company serves various industries comprising blockchain and cryptocurrency; communications and media; consumer, health, and wellness products; energy; entertainment and leisure; financial services; healthcare; life sciences; manufacturing and industries; natural resources; retail and distribution; technology; and transportation. The company was incorporated in 1965 and is headquartered in Boston, Massachusetts.

Purification Calculator

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Frequently Asked Questions

Is CRA INTERNATIONAL, INC. (CRAI) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), CRA INTERNATIONAL, 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 CRA INTERNATIONAL, INC.'s debt ratio?

CRA INTERNATIONAL, INC.'s debt ratio is 8.9% 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 18.1%.

Does CRA INTERNATIONAL, INC. require dividend purification?

Yes, CRA INTERNATIONAL, INC. has an impermissible income ratio of 0.01%, which means 0.01% 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 CRA INTERNATIONAL, INC.'s key financial metrics?

CRA INTERNATIONAL, INC. has a market capitalization of $1.0B, trailing P/E ratio of 18.8, and revenue of $752M. The company maintains a gross margin of 30.9% and a net margin of 7.3%. Return on equity stands at 25.7%.

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.