Is MYND halal?
Mynd.ai, Inc.
Not halal
Mynd.ai, Inc. did not pass AAOIFI screening. The failed check is shown below.
Checked: 15 October 2026
Exchange
AMEX
Price
0.2600
Day
-1.14%
Market cap
$12.1M
Industry
Education & Training Services
Sector
Consumer Defensive
What the company does
Mynd.ai (Georgia, a NetDragon subsidiary) makes interactive classroom displays (ActivPanel) and education software (ActivSuite). Revenue comes from display and software sales.
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 $66.64M ÷ current market cap $12.12M = 549.9%
549.9%
Fail
Cash & investments / market cap
limit 30%
Cash + interest-bearing securities $7.04M ÷ current market cap $12.12M = 58.1%
58.1%
Fail
Non-compliant income / total revenue
limit 5%
Interest income $827K ÷ annual revenue $167.93M (2025) = 0.5%
0.5%
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.
For information (AAOIFI 3/1 note): cash + receivables are 24.7% 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
- Held by funds
- Not held by any tracked fund
Halal stocks in the same industry
The largest halal stocks in Education & Training Services — 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.