
Is CRA International (CRAI) stock Halal?
CRA International, Inc. (CRAI) is Shariah compliant in the September 2026 AAOIFI screening, passing all four AAOIFI screens. Dividends are purified using a factor of 100%. Tabadulat re-screens CRAI monthly, and the status can change when new financial data arrives.
CRA International is a globally recognized consulting firm specializing in management consulting and economic, business, and financial analysis. This firm plays a pivotal role in assisting businesses with strategic and operational decisions across various industries, including telecommunications, financial services, energy, and life sciences. As an advisory entity, CRA International provides expert guidance on litigation and regulatory matters, corporate strategy, and performance improvement. Before any of that matters to a Muslim investor, one question comes first: is CRA International stock Halal?
Is CRA International Shariah compliant?
Industrial businesses like CRA International usually pass the activity screen without drama. The harder test is financial: heavy assets mean heavy financing, and AAOIFI Shariah Standard No. 21 tolerates interest bearing debt and investments only below 30% of market capitalisation, ratios that shift with every move in the share price.
Does CRA International pass the business activity test?
Yes. In the September 2026 screening CRA International holds an overall PASS, which a stock only earns when its core business clears the activity screen. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is CRA International's income Halal?
Yes, within AAOIFI's tolerance. CRA International's income from non-permissible sources stays below 5% of revenue in the September 2026 screening, and the small impure portion is handled through purification: the factor of 100% tells holders of CRAI what share of each dividend to keep and what remainder to donate to charity.
Does CRA International 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 CRAI re-screened every month, and the result above always shows the latest verdict.
Tabadulat is an ADGM regulated brokerage whose license covers Shari'a Compliant Regulated Activities, as the FSRA permission names them. New to the terminology? Gharar and Maysir, Sukuk, Zakat and purification are all explained in plain English.
New to the four screens? Read AAOIFI Standards Explained: What Makes a Stock Halal?



