Is CLAR halal?
Clarus Corporation
Halal
Clarus Corporation passed every check under AAOIFI Shariah standard No. 21: no prohibited business activity, and all three financial ratios are within limits.
Checked: 14 October 2026
Exchange
NASDAQ
Price
3.6
Day
+2.86%
Market cap
$134.2M
Industry
Leisure
Sector
Consumer Cyclical
What the company does
Clarus makes outdoor gear: Black Diamond (climbing, mountaineering and ski equipment) and Rhino-Rack/MAXTRAX (vehicle roof racks). Its ammunition business was sold in 2024.
What was checked
The AAOIFI standard has four steps: business activity first, then three financial ratios. Fail one and the stock is not halal.
Business activity
No prohibited activity
Interest-bearing debt / market cap
limit 30%
Interest-bearing debt $0 ÷ 36-month average market cap $171.82M = 0.0%
0.0%
Pass
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $28.93M ÷ 36-month average market cap $171.82M = 16.8%
16.8%
Pass
Non-compliant income / total revenue
limit 5%
Interest income $619K ÷ annual revenue $250.44M (2025) = 0.3%
0.3%
Pass
Figures from the company's filings (2026-06-30), USD. Market cap is a 36-month average (the S&P Shariah index approach), so a one-day price move does not flip the verdict. Today's market cap: $134.20M.
For information (AAOIFI 3/1 note): cash + receivables are 28.8% of total assets (2026-06-30). AAOIFI recommends tangible assets of at least one third — this figure does not affect the verdict, and other major screeners do not apply it either.
In the lists
- In the S&P 500
- Not in the S&P 500
- Among halal stocks
- 0.00% · #1166 of 1455
- Held by funds
- Not held by any tracked fund
- Dividend
- 2.82% · purify 0.3% · net 2.82%
Manually reviewed — clean
The industry was flagged as sensitive, so the company's filings were checked by hand on 17 August 2026. Conclusion:
Clarus — Black Diamond (alpinizm jihozlari) + Rhino-Rack (avto bagajniklar). ⚠️ O'Q-DORI BIZNESI ENDI YO'Q: Sierra/Barnes o'q ishlab chiqaruvchi Precision Sport segmenti 2024-02-29 da Bullseye Acquisitions'ga SOTILGAN. FY2025 10-K: 'no activity in discontinued operations'; 'firearm/weapon/tactical/defense' — nol marta uchraydi. Eski ma'lumot bazalari uni hali ham qurol kompaniyasi deb belgilaydi, bu XATO
Halal stocks in the same industry
The largest halal stocks in Leisure — for comparison.
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Halal is the first question. The second: when to enter?
Our scanner watches 1454 halal stocks around the clock and fires a signal with entry, TP and SL when a technical setup completes. The full signal history — with outcomes — is public.
This is neither investment advice nor a fatwa. Screening is based on public financial statements and AAOIFI standard No. 21; data may lag. For a personal decision consult your own scholar.