Is MindWalk Holdings Corp. (HYFT) Halal?
Shariah Screening — 5 Standards
Based on financial data from April 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 25.9% / 30% | 20.6% / 30% | 9.3% / 30% | 88.82% / 5% | ✗ NOT HALAL |
| DJIM | 25.9% / 33% | 20.6% / 33% | 9.3% / 33% | 88.82% / 5% | ✗ NOT HALAL |
| MSCI | 30.2% / 33% | 24.0% / 33% | 10.8% / 33% | 88.82% / 5% | ✗ NOT HALAL |
| S&P | 25.9% / 33% | 20.6% / 33% | 9.3% / 33% | 88.82% / 5% | ✗ NOT HALAL |
| FTSE | 30.2% / 33% | 24.0% / 33% | 10.8% / 50% | 88.82% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.2% | |
| Operating Margin | -88.4% | |
| Net Margin | -43.6% | |
| Return on Equity (ROE) | -58.8% | |
| Return on Assets (ROA) | -18.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$6M |
| Free Cash Flow | -$7M |
| Total Debt | $13M |
| Debt-to-Equity | 23.7 |
| Current Ratio | 3.7 |
| Total Assets | $44M |
Price & Trading
| Last Close | $1.16 |
| 50-Day MA | $1.46 |
| 200-Day MA | $1.72 |
| Avg Volume | 534K |
| Beta | 0.7 |
|
52-Week Range
$0.32
| |
About MindWalk Holdings Corp. (HYFT)
MindWalk Holdings Corp. operates as a bio-native AI company. It focuses on the integration of artificial intelligence, multi-omics data, and advanced laboratory research to accelerate the discovery and development of biologics. The company, through its LensAI platform and HYFT technology, it partners with pharmaceutical and biotechnology companies to drive de-risk drug development and unlock therapeutic possibilities. The company was formerly known as ImmunoPrecise Antibodies Ltd. and changed its name to MindWalk Holdings Corp. in September 2025. The company was incorporated in 1983 and is headquartered in Austin, Texas.
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Frequently Asked Questions
Is MindWalk Holdings Corp. (HYFT) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MindWalk Holdings 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 MindWalk Holdings Corp.'s debt ratio?
MindWalk Holdings Corp.'s debt ratio is 25.9% 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 30.2%.
What are MindWalk Holdings Corp.'s key financial metrics?
MindWalk Holdings Corp. has a market capitalization of $50M, and revenue of $25M. The company maintains a gross margin of 57.2% and a net margin of -43.6%. Return on equity stands at -58.8%.
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.