Is CLOUDASTRUCTURE, INC. (CSAI) Halal?

NASDAQ Technology United States $16M
✗ NOT HALAL
Confidence: 83/100
CLOUDASTRUCTURE, INC. (CSAI) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 6.45% exceeds the 5% threshold allowed under AAOIFI. CLOUDASTRUCTURE, 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 0.0%
/ 30%
0.3%
/ 30%
1.2%
/ 30%
6.45%
/ 5%
✗ NOT HALAL
DJIM 0.0%
/ 33%
0.3%
/ 33%
1.2%
/ 33%
6.45%
/ 5%
✗ NOT HALAL
MSCI 0.0%
/ 33%
8.5%
/ 33%
31.9%
/ 33%
6.45%
/ 5%
✗ NOT HALAL
S&P 0.0%
/ 33%
0.3%
/ 33%
1.2%
/ 33%
6.45%
/ 5%
✗ NOT HALAL
FTSE 0.0%
/ 33%
8.5%
/ 33%
31.9%
/ 50%
6.45%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.51
P/B Ratio
1.9
EV/EBITDA
-0.9
EV: $7M
Revenue
$1M
Growth: 271.8%
Current Ratio
4.4

Profitability

Gross Margin 44.9%
Operating Margin -136.8%
Net Margin -211.8%
Return on Equity (ROE) -217.4%
Return on Assets (ROA) -91.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Current Ratio4.4
Total Assets$615,000

Price & Trading

Last Close$0.67
50-Day MA$0.69
200-Day MA$1.30
Avg Volume363K
52-Week Range
$0.47
$11.46

About CLOUDASTRUCTURE, INC. (CSAI)

CEO
Mr. James P. McCormick
Employees
16
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$16M
Currency
USD

Cloudastructure Inc. engages in the provision of cloud-based artificial intelligence (AI) video surveillance and remote guarding service built on AI and machine learning platforms in the United States. The company offers cloud video surveillance, which stores the video surveillance in the cloud with AI computer vision, including face recognition, license plate reading, object detection, and other features; remote guarding solution, a browser-based remote guard call center software; remote guards service, which connects to the in-house live agents; cloud video recorder, an internet of things device that collects video from cameras and transmits it to the cloud; cameras and speakers; and mobile surveillance trailer solution, a solar and battery powered video surveillance tower with wireless broadband that connects to the cloud video surveillance and remote guarding services. It also offers smart parking solutions. The company was formerly known as Connexed Technologies Inc. and changed its name to Cloudastructure Inc. in September 2016. Cloudastructure Inc. was incorporated in 2003 and is based in Palo Alto, California.

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Frequently Asked Questions

Is CLOUDASTRUCTURE, INC. (CSAI) halal to invest in?

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

CLOUDASTRUCTURE, INC.'s debt ratio is 0.0% 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 0.0%.

What are CLOUDASTRUCTURE, INC.'s key financial metrics?

CLOUDASTRUCTURE, INC. has a market capitalization of $16M, and revenue of $1M. The company maintains a gross margin of 44.9% and a net margin of -211.8%. Return on equity stands at -217.4%.

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.