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Is Firefly Neuroscience (AIFF) stock Halal?

NASDAQ
Shariah-Compliant
Not Shariah

Under AAOIFI Shariah Standard No. 21, a Halal stock keeps non-permissible income below 5% of revenue and interest-bearing debt and investments each below 30% of market capitalisation. Firefly Neuroscience, Inc. (AIFF) passes all four screens as of September 2026, with a dividend purification factor of 97.19%.

Firefly Neuroscience is a pioneering company in the neuroscience industry, primarily engaged in the development of advanced neural technologies. The company's main focus is on creating innovative neurostimulation devices aimed at treating various neurological disorders. These devices are designed to interact with the nervous system to alter and improve neurological functions, offering potential therapeutic solutions for conditions such as epilepsy, chronic pain, and mood disorders. For Muslim investors, though, the most pressing question is simpler: is Firefly Neuroscience a Halal investment?

Is Firefly Neuroscience Shariah compliant?

Technology companies rarely fail AAOIFI screening on what they sell. Software, hardware and digital services are permissible business activities, so for a company like Firefly Neuroscience the Shariah question moves to the balance sheet: how much of its market value sits in interest bearing debt, how much of its cash earns Riba in conventional deposits, and whether incidental income from impermissible sources creeps past 5% of revenue. These are exactly the ratios AAOIFI Shariah Standard No. 21 polices, and they move every month with the share price.

Does Firefly Neuroscience pass the business activity test?

Yes. In the September 2026 screening Firefly Neuroscience holds an overall PASS, which a stock only earns when its core business clears the activity screen. 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 Firefly Neuroscience's income Halal?

Yes, within AAOIFI's tolerance. Firefly Neuroscience'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 97.19% tells holders of AIFF what share of each dividend to keep and what remainder to donate to charity.

Does Firefly Neuroscience 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 AIFF 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 Why a Halal Stock Screener Matters for Halal Investing

Frequently asked questions

Is Firefly Neuroscience, Inc. AIFF stock Halal to invest in?

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How often is Firefly Neuroscience, Inc. AIFF reviewed for Shariah compliance?

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Does Firefly Neuroscience, Inc. AIFF pass the AAOIFI Non Permissible Income criteria?

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Does Firefly Neuroscience, Inc. AIFF pass the AAOIFI Interest Bearing Investments criteria?

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Does Firefly Neuroscience, Inc. AIFF pass the AAOIFI Interest Bearing Debt criteria?

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What is the dividend purification factor for Firefly Neuroscience, Inc. AIFF stock?

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Does Firefly Neuroscience, Inc. AIFF pass the AAOIFI Preference Share screen?

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How do I buy Firefly Neuroscience (AIFF) stock?

Firefly Neuroscience (AIFF) currently passes AAOIFI screening, making it one of the Shariah compliant stocks available on Tabadulat. Buying Halal stocks takes three steps: open your account, screen the stock, and place your trade. Every listing is re-screened monthly, so your portfolio stays Halal after you invest, not just on the day you buy.

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