AUIDNot HalalF
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Compliance Status

Not Halal

Screened on Oct 8, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is authID Inc. (AUID) halal? Not Halal. Based on AAOIFI screening, authID Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

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HalalScreener rates authID Inc. (AUID) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 8, 2026. Source: https://halalscreener.app/en/stock/AUID

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

64.3% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding AUID

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

authID Inc.

AUID: Is authID Inc. Halal?

authID Inc.

NASDAQTechnologyUS

$0.35

Market Cap: 5.8M

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About authID Inc.

authID Inc. operates a global Identity as a Service (IDaaS) platform, delivering a comprehensive suite of secure, mobile-friendly, and biometric identity solutions. This platform enables users to verify and authenticate their identity via a mobile device or a camera-equipped desktop computer. Among its core IDaaS offerings, authID Inc. provides: VERIFIED: A multi-factor authentication (MFA) system designed to offer both secure and convenient identity verification and transaction consent. PROOF: A service that establishes a trusted user identity by utilizing chip-based electronic machine-readable travel documents, national IDs, and driver's licenses, along with direct validation from national registries and other international databases. AUTHENTIFID: A solution facilitating passwordless logins and transaction authentication through FIDO2 standards, securely linked to a verified identity. IDENTITY – PORTAL: A tool that allows enterprises to enroll new customers directly through the Ipsidy portal. The company also offers specialized products like SEARCH, which is biometric matching software for desktop fingerprint capture and image processing, and CARDPLUS, providing secure plastic identity credentials and loyalty card products. Furthermore, authID Inc. extends its portfolio to include payment processing solutions. This encompasses TRANXA, a versatile, multi-application payment gateway and switch that caters to both online retailers and physical merchant locations. It also provides an automated kiosk application and its associated backend management system, which is particularly integrated with public transit ticketing systems. Founded in 2009, the company was initially known as Ipsidy Inc. before rebranding to authID Inc. Its corporate headquarters are located in Denver, Colorado.

Sector: Technology · Industry: Software - Infrastructure

Why this does not pass

  • Interest-bearing debt is 64.3% of market cap, over the 30% AAOIFI limit.
  • Income from prohibited sources is over the 5% limit.

Screened under AAOIFI Standard 21. The exact figure behind this is part of Pro; the failing check and its limit are always free.

Shariah Compliance Status

AAOIFI Standard 21Updated Oct 8, 2026

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Pro members can verify every number behind it: interest-bearing deposits, prohibited income breakdown, and the full AAOIFI math.

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Screened according to AAOIFI Standard 21

Compliance History

Not Halal, unchanged since Aug 2026.

No status changes recorded since we began tracking.

Tracked since Aug 2026. Updates automatically on each re-screen.

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

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Frequently Asked Questions

Is authID Inc. (AUID) halal to invest in?
authID Inc. (AUID) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did authID Inc. get a F compliance rating?
authID Inc. (AUID) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 64.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change authID Inc.'s Shariah verdict?
authID Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is authID Inc. re-screened for Shariah compliance?
authID Inc. (AUID) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Oct 8, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.