Is ParaZero Technologies Ltd. (PRZO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 1.5% / 30% | 15.4% / 30% | 0.4% / 30% | 21.53% / 5% | ✗ NOT HALAL |
| DJIM | 1.5% / 33% | 15.4% / 33% | 0.4% / 33% | 21.53% / 5% | ✗ NOT HALAL |
| MSCI | 7.3% / 33% | 72.8% / 33% | 2.0% / 33% | 21.53% / 5% | ✗ NOT HALAL |
| S&P | 1.5% / 33% | 15.4% / 33% | 0.4% / 33% | 21.53% / 5% | ✗ NOT HALAL |
| FTSE | 7.3% / 33% | 72.8% / 33% | 2.0% / 50% | 21.53% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | -8.8% | |
| Operating Margin | -1020.2% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -296.6% | |
| Return on Assets (ROA) | -64.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$5M |
| Free Cash Flow | -$5M |
| Total Debt | $419,480 |
| Debt-to-Equity | 10.2 |
| Current Ratio | 4.7 |
| Total Assets | $6M |
Price & Trading
| Last Close | $0.82 |
| 50-Day MA | $1.14 |
| 200-Day MA | $1.36 |
| Avg Volume | 1.6M |
| Beta | 0.0 |
|
52-Week Range
$0.53
| |
About ParaZero Technologies Ltd. (PRZO)
ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, markets, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency. Its autonomous parachute system portfolio includes SafeAir Mavic 2, SafeAir Mavic 3, SafeAir Anzu Raptor, SafeAir M-300 Pro, SafeAir 350 Pro, SafeAir V1EX, SafeAir eVTOL, and Custom Integrations. It also offers DefendAir technology, including DefendAir Drone/FPV and Personal DefendAir Gun; and the DropAir Precision Airdrop System. The company sells directly to customers through system manufacturers, resellers, and online stores. ParaZero Technologies Ltd. has a strategic collaboration with BON V Aerospace. The company was incorporated in 2013 and is headquartered in Kfar Saba, Israel.
Related Halal Stocks in Industrials
Frequently Asked Questions
Is ParaZero Technologies Ltd. (PRZO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), ParaZero Technologies Ltd. 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 ParaZero Technologies Ltd.'s debt ratio?
ParaZero Technologies Ltd.'s debt ratio is 1.5% 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 7.3%.
What are ParaZero Technologies Ltd.'s key financial metrics?
ParaZero Technologies Ltd. has a market capitalization of $17M, and revenue of $932,154. Return on equity stands at -296.6%.
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.