
Is Amesite (AMST) stock Halal?
September 2026 AAOIFI screening result for Amesite, Inc. (AMST): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Amesite, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Amesite is a cutting-edge technology enterprise focused on offering Artificial Intelligence (AI) software products designed to enhance learning environments. The company's primary function is to provide e-learning platforms that leverage advanced AI to facilitate more personalized and effective educational experiences. Key features of Amesite's offerings include customizable course creation, seamless learning management systems, and data-driven tools for tracking and enhancing user engagement and performance. Before any of that matters to a Muslim investor, one question comes first: is Amesite stock Halal?
Is Amesite Shariah compliant?
The Shariah case on a technology company like Amesite is rarely about the product. What AAOIFI Shariah Standard No. 21 examines is the money around the product: cash parked in instruments that earn Riba, borrowing measured against a market capitalisation that moves daily, and any incidental income from sources Islam prohibits, which must stay below 5% of revenue.
Does Amesite pass the business activity test?
The activity screen is only part of the picture this month: Amesite currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The watch item for technology names is incidental: cash returns and platform content can carry impermissible elements, which AAOIFI tolerates only below the thresholds.
Is Amesite's income Halal?
No. Amesite's income from impermissible sources currently exceeds AAOIFI's 5% revenue ceiling, which makes the stock non-compliant on this screen regardless of the others. The screen is reassessed monthly, so the status can change when new financial statements arrive.
Does Amesite meet AAOIFI's debt and investment ratio requirements?
Yes. Both caps hold this month: interest bearing investments and interest bearing debt each stay below 30% of market capitalisation. Because the caps move with the share price, our Shariah Supervisory Board has AMST re-screened every month, and the result above always shows the latest verdict.
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