Is Safe Pro Group Inc. (SPAI) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.2% / 30% | 1.9% / 30% | 0.1% / 30% | 1.39% / 5% | ✓ HALAL |
| DJIM | 0.2% / 33% | 1.9% / 33% | 0.1% / 33% | 1.39% / 5% | ✓ HALAL |
| MSCI | 4.9% / 33% | 39.8% / 33% | 2.5% / 33% | 1.39% / 5% | ✗ NOT HALAL |
| S&P | 0.2% / 33% | 1.9% / 33% | 0.1% / 33% | 1.39% / 5% | ✓ HALAL |
| FTSE | 4.9% / 33% | 39.8% / 33% | 2.5% / 50% | 1.39% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 47.1% | |
| Operating Margin | -4148.6% | |
| Net Margin | 0.0% | |
| Return on Equity (ROE) | -193.7% | |
| Return on Assets (ROA) | -95.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$4M |
| Free Cash Flow | -$5M |
| Total Debt | $244,707 |
| Debt-to-Equity | 2.6 |
| Current Ratio | 7.6 |
| Total Assets | $5M |
Price & Trading
| Last Close | $4.04 |
| 50-Day MA | $4.84 |
| 200-Day MA | $4.98 |
| Avg Volume | 361K |
|
52-Week Range
$1.47
| |
About Safe Pro Group Inc. (SPAI)
Safe Pro Group Inc. provides security and protection products in the United States, Europe, Asia, and the Pacific. The company offers explosive ordinance disposal and unexploded ordinance disposal products; ballistic vests; and body armor, helmets, and ballistic blankets, as well as aerial managed services (drones) for the inspection of radio towers and power grids. It also develops artificial intelligence-powered detection and data analysis, as well as reporting tools for hyper-scalable and cloud-based processing of drone imagery. In addition, the company provides drone as a responder solutions for public safety, emergency management, security, critical infrastructure, and other incident response; critical infrastructure inspection utilizing visual and/or IR/thermal sensors; data capture, analytics, and processing by machine learning and artificial intelligence to provide data-driven insights and reporting; aerial mapping of ground-based infrastructure and other targeted assets; UAS-related training and consultation services; and other customized and specialized services. It serves critical infrastructure, insurance, public utilities, and telecommunication network operators; state and local/municipal governments and agencies; and police, fire, and other public safety organizations. The company was formerly known as Cybernate Corp. and changed its name to Safe Pro Group Inc. in July 2022. Safe Pro Group Inc. was incorporated in 2021 and is based in Aventura, Florida.
Purification Calculator
As a halal stock with 1.39% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Safe Pro Group Inc. (SPAI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Safe Pro Group 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 Safe Pro Group Inc.'s debt ratio?
Safe Pro Group Inc.'s debt ratio is 0.2% 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 4.9%.
Does Safe Pro Group Inc. require dividend purification?
Yes, Safe Pro Group Inc. has an impermissible income ratio of 1.39%, which means 1.39% 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 Safe Pro Group Inc.'s key financial metrics?
Safe Pro Group Inc. has a market capitalization of $78M, and revenue of $2M. Return on equity stands at -193.7%.
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.