
Is Safe Pro (SPAI) stock Halal?
September 2026 AAOIFI screening result for Safe Pro Group, Inc. (SPAI): non-permissible income, fail. Interest-bearing investments, pass. Interest-bearing debt, pass. Preference shares, pass. Safe Pro Group, Inc. is not currently Shariah compliant. Re-screened monthly against AAOIFI Shariah Standard No. 21.
Safe Pro specializes in the development and provision of safety and security solutions across various industries. The company's primary function is to design and manufacture advanced protective systems that ensure the safety and security of individuals and assets in high-risk environments. Safe Pro Group's offerings include state-of-the-art personal protective equipment, emergency response systems, and threat detection technologies. These solutions cater to sectors such as law enforcement, military, and private security firms, where safety and reliability are paramount. Before any of that matters to a Muslim investor, one question comes first: is Safe Pro stock Halal?
Is Safe Pro Shariah compliant?
Industrial businesses like Safe Pro 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 Safe Pro pass the business activity test?
The activity screen is only part of the picture this month: Safe Pro currently fails the non-permissible income screen, so the overall verdict is not compliant regardless of the business itself. The activity itself raises no Shariah objection; the scrutiny belongs to the financing.
Is Safe Pro's income Halal?
No. Safe Pro'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 Safe Pro 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 SPAI 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?



