Is TaoWeave, Inc. (TWAV) Halal?

NASDAQ Financial Services United States $5M
✗ NOT HALAL
Confidence: 95/100
TaoWeave, Inc. (TWAV) is Not Halal under AAOIFI Standard 21 due to its classification in the Asset Management industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Asset Management ✗ NOT HALAL
DJIM Excluded — Asset Management ✗ NOT HALAL
MSCI Excluded — Asset Management ✗ NOT HALAL
S&P Excluded — Asset Management ✗ NOT HALAL
FTSE Excluded — Asset Management ✗ NOT HALAL

Financial Highlights

EPS
$-2.76
P/B Ratio
0.7
Revenue
$2M
Growth: 10.5%
Beta
3.2
High volatility
Current Ratio
6.9

Profitability

Gross Margin 41.6%
Operating Margin -126.2%
Net Margin -260.8%
Return on Equity (ROE) -115.2%
Return on Assets (ROA) -27.4%

Cash Flow & Balance Sheet

Operating Cash Flow-$3M
Free Cash Flow-$3M
Total Debt$0
Current Ratio6.9
Total Assets$5M

Price & Trading

Last Close$1.75
50-Day MA$1.28
200-Day MA$2.57
Avg Volume387K
Beta3.2
52-Week Range
$0.58
$5.50

About TaoWeave, Inc. (TWAV)

CEO
Mr. Peter J. Holst
Employees
7
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NASDAQ
Market Cap
$5M
Currency
USD

TaoWeave, Inc. is a digital asset treasury company. The company focuses on Bittensor (TAO), a decentralized, open-source protocol that creates a marketplace for machine intelligence. It also enables AI models to be trained, shared, and monetized in a permissionless environment. In addition, it provides TAO a native token of the Bittensor network, used for staking, governance, and compensating AI model contributors. The company was formerly known as Oblong, Inc. and changed its name to TaoWeave, Inc. in December 2025. TaoWeave, Inc. is headquartered in Denver, Colorado.

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Frequently Asked Questions

Is TaoWeave, Inc. (TWAV) halal to invest in?

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

TaoWeave, Inc.'s debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are TaoWeave, Inc.'s key financial metrics?

TaoWeave, Inc. has a market capitalization of $5M, and revenue of $2M. The company maintains a gross margin of 41.6% and a net margin of -260.8%. Return on equity stands at -115.2%.

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.