Is Peraso Inc. (PRSO) Halal?

NASDAQ Technology United States $9M
✓ HALAL
Confidence: 95/100
Peraso Inc. (PRSO) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 1.7% against the AAOIFI threshold of 30%, Peraso Inc. comfortably passes the key financial ratio tests. The company operates in the Technology sector (Semiconductors), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 1.7%
/ 30%
17.5%
/ 30%
3.6%
/ 30%
2.37%
/ 5%
✓ HALAL
DJIM 1.7%
/ 33%
17.5%
/ 33%
3.6%
/ 33%
2.37%
/ 5%
✓ HALAL
MSCI 4.5%
/ 33%
46.4%
/ 33%
9.5%
/ 33%
2.37%
/ 5%
✗ NOT HALAL
S&P 1.7%
/ 33%
17.5%
/ 33%
3.6%
/ 33%
2.37%
/ 5%
✓ HALAL
FTSE 4.5%
/ 33%
46.4%
/ 33%
9.5%
/ 50%
2.37%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-0.67
P/B Ratio
1.9
EV/EBITDA
-1.3
EV: $6M
Revenue
$15M
Growth: -22.0%
Beta
0.9
Average volatility
Current Ratio
4.1

Profitability

Gross Margin 58.0%
Operating Margin -44.6%
Net Margin -39.0%
Return on Equity (ROE) -117.3%
Return on Assets (ROA) -46.9%

Cash Flow & Balance Sheet

Operating Cash Flow-$5M
Free Cash Flow-$5M
Total Debt$321,000
Debt-to-Equity4.1
Current Ratio4.1
Total Assets$7M

Price & Trading

Last Close$1.05
50-Day MA$1.06
200-Day MA$1.08
Avg Volume8.2M
Beta0.9
52-Week Range
$0.52
$2.37

About Peraso Inc. (PRSO)

CEO
Mr. Ronald Glibbery
Sector
Technology
Industry
Semiconductors
Country
United States
Exchange
NASDAQ
Market Cap
$9M
Currency
USD

Peraso Inc., a fabless semiconductor company, develops, markets, and sells semiconductor devices and antenna modules in North America, Hong Kong, Taiwan, and internationally. The company offers millimeter wavelength (mmWave) integrated circuits (ICs), including baseband IC, various variations of mmWave radio frequency, ICs, and associated antenna technology; and mmWave antenna modules for license-free 60 gigahertz (GHz) applications. Its mmWave products are used for various applications comprising multi-gigabit point-to-point wireless links with a range of up to 25 kilometers and operating in the 60 GHz frequency band; multi-gigabit point-to-multi-point links in the 60 GHz frequency band used to provide fixed wireless access (FWA) services; FWA in the 5G operating bands from 24 GHz to 43 GHz to provide multi-gigabit capability and low latency connections; military communications; and consumer applications, such as high performance wireless video streaming, and untethered augmented reality and virtual reality. The company also provides memory products, such as bandwidth engine ICs, which are memory-dominated ICs for high-speed cloud networking, communications, security appliance, video, monitor and test, data center and computing markets that deliver time-to-market, performance, power, area to system original equipment manufacturers. In addition, it licenses intellectual property, as well as offers non-recurring engineering services. The company sells and markets its products through direct sales personnel, as well as sells representatives and distributors. Peraso Inc. was founded in 1991 and is headquartered in San Jose, California.

Purification Calculator

As a halal stock with 2.37% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is Peraso Inc. (PRSO) halal to invest in?

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

Peraso Inc.'s debt ratio is 1.7% 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 4.5%.

Does Peraso Inc. require dividend purification?

Yes, Peraso Inc. has an impermissible income ratio of 2.37%, which means 2.37% 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 Peraso Inc.'s key financial metrics?

Peraso Inc. has a market capitalization of $9M, and revenue of $15M. The company maintains a gross margin of 58.0% and a net margin of -39.0%. Return on equity stands at -117.3%.

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.