Byrna Technologies Inc.

BYRN: Is Byrna Technologies Inc. Halal?

Byrna Technologies Inc.

NASDAQIndustrialsUS

$3.82

+5.52%

Market Cap: 86.7M

Compliance Status

Halal

Screened on Sep 2, 2026 · AAOIFI Standard 21

A

Very Good

83Score

Is Byrna Technologies Inc. (BYRN) halal? Halal. Based on AAOIFI screening, Byrna Technologies Inc. passes both qualitative (business activity) and quantitative (financial ratio) screens with a compliance score of 83/100 (Grade: A).

Quote this verdict

HalalScreener rates Byrna Technologies Inc. (BYRN) Halal, 83/100, grade A under AAOIFI Standard 21, screened Sep 2, 2026. Source: https://halalscreener.app/en/stock/BYRN

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

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

5.1% of 30.0% limit

What this means for you

You can own BYRN

It passes both the business activity and financial ratio screens under AAOIFI Standard 21.

Purification amount is Pro

We have screened BYRN's prohibited income, but the exact share you would need to purify is part of Pro.

About Byrna Technologies Inc.

Byrna Technologies Inc. (BYRN) specializes in less-lethal defense technology, focusing on the creation and manufacturing of non-lethal munitions and associated security equipment. The company's primary offerings include a line of Byrna-branded handheld personal protection instruments, such as the Byrna SD and Byrna SD .68 caliber models, which are specifically designed for both civilians and private security professionals. Complementing these devices, Byrna also provides related products like Byrna HD magazines, shoulder-fired launchers, and various projectiles. Its comprehensive catalog further extends to a range of accessories and safety gear, notably the Byrna Banshee, Byrna Shield, compressed carbon dioxide cartridges, aiming systems, holsters, and branded apparel. Incorporated in 2005 and headquartered in Andover, Massachusetts, the firm conducts its business in the United States and South Africa. It previously operated as Security Devices International, Inc., changing its name to Byrna Technologies Inc. in March 2020.

Sector: Industrials · Industry: Aerospace & Defense

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 2, 2026

Compliance History

  1. Halalnow

    since Jun 2026

  2. Not Halal

    until the change above

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

Fiscal: Q2 2026Data source: EDGAR
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Frequently Asked Questions

Is Byrna Technologies Inc. (BYRN) halal to invest in?
Based on AAOIFI Standard 21 screening, Byrna Technologies Inc. (BYRN) is rated Halal with a compliance grade of A (Very Good). It passes both the business activity screen (no primary involvement in prohibited sectors) and the quantitative financial ratio screen (debt, interest deposits, and prohibited income all below AAOIFI thresholds).
Why did Byrna Technologies Inc. get a A compliance rating?
Byrna Technologies Inc. (BYRN) received a grade of A (Very Good) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 5.1% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Byrna Technologies Inc.'s Shariah verdict?
Byrna Technologies 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 Byrna Technologies Inc. re-screened for Shariah compliance?
Byrna Technologies Inc. (BYRN) 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: Sep 2, 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.