Is IVAI halal?
Ives Ultra AI Opportunities Inc
Not halal
Ives Ultra AI Opportunities Inc did not pass AAOIFI screening. The failed check is shown below.
Checked: 13 October 2026
Exchange
NYSE
Price
10.08
Day
+0.00%
Market cap
$252.5M
Industry
Asset Management
Sector
Financial Services
What the company does
Ives Ultra AI Opportunities is a closed-end fund that listed on the NYSE in September 2026 (chaired by tech analyst Dan Ives); it must put at least 80% of its assets into AI businesses, mainly late-stage private US companies. Returns come from gains in portfolio value; the share price tracks NAV.
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
Prohibited activity: Asset Management
Interest-bearing debt / market cap
limit 30%
—
No data
Cash & investments / market cap
limit 30%
—
No data
Non-compliant income / total revenue
limit 5%
—
No data
In the lists
- In the S&P 500
- Not in the S&P 500
- Held by funds
- Not held by any tracked fund
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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.