Is DevvStream Corp. (DEVS) Halal?
Shariah Screening — 5 Standards
Based on financial data from July 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 368.0% / 30% | 96.9% / 30% | 9.0% / 30% | 6393.63% / 5% | ✗ NOT HALAL |
| DJIM | 368.0% / 33% | 96.9% / 33% | 9.0% / 33% | 6393.63% / 5% | ✗ NOT HALAL |
| MSCI | 110.3% / 33% | 29.0% / 33% | 2.7% / 33% | 6393.63% / 5% | ✗ NOT HALAL |
| S&P | 368.0% / 33% | 96.9% / 33% | 9.0% / 33% | 6393.63% / 5% | ✗ NOT HALAL |
| FTSE | 110.3% / 33% | 29.0% / 33% | 2.7% / 50% | 6393.63% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 44.5% | |
| Operating Margin | -37392.9% | |
| Net Margin | 0.0% | |
| Return on Assets (ROA) | -108.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$6M |
| Total Debt | $13M |
| Current Ratio | 0.1 |
| Total Assets | $12M |
Price & Trading
| Last Close | $0.59 |
| 50-Day MA | $0.89 |
| 200-Day MA | $2.07 |
| Avg Volume | 1.0M |
| Beta | 0.6 |
|
52-Week Range
$0.52
| |
About DevvStream Corp. (DEVS)
DevvStream Corp. engages in the development and monetization of environmental assets in Canada. The company offers energy transition and carbon management solutions, as well as blockchain technology for carbon credit generating projects. It is also involved in the project development of EV charging stations and networks. The company is headquartered in Vancouver, Canada.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is DevvStream Corp. (DEVS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), DevvStream Corp. 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 DevvStream Corp.'s debt ratio?
DevvStream Corp.'s debt ratio is 368.0% 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 110.3%.
What are DevvStream Corp.'s key financial metrics?
DevvStream Corp. has a market capitalization of $7M, and revenue of $25,794.
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.