What is Cerence Inc.'s Shariah compliance score?

Cerence Inc.'s (CRNC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Cerence Inc. pass AAOIFI screening?

Cerence Inc. (CRNC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CRNC: 42.2%), (3) interest-bearing deposits below 30% (CRNC: 0.7%), and (4) prohibited income below 5% (CRNC: 1.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Cerence Inc. stock?

Cerence Inc. (CRNC) has a non-permissible income ratio of 1.83%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CRNC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Cerence Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Cerence Inc. (CRNC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CRNC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CRNC: Is Cerence Inc. Halal?

Cerence Inc.

NASDAQTechnologyUS

$10.80

+8.54%

Market Cap: 488.0M

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

AvoidBorderlineClean

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%.

42.2% of 30.0% limit

What this means for you

Most scholars advise not holding CRNC

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Cerence Inc.

Cerence Inc. specializes in developing and providing AI-driven virtual assistants tailored for the global mobility and transportation industry. The company's diverse portfolio includes both embedded (edge) software components and cloud-based solutions, along with relevant development toolkits, applications, and professional services to facilitate virtual assistant coexistence. These offerings are powered by sophisticated conversational artificial intelligence technologies, encompassing capabilities such as advanced speech recognition, natural language understanding, speech signal enhancement, text-to-speech functionalities, and acoustic modeling. Cerence Inc. is headquartered in Burlington, Massachusetts.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

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

Fiscal: Q2 2026Data source: EDGAR

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

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0005.KLA+

UCrest Bhd

$0.07

-0.07%

0008.KLA+

Willowglen MSC Bhd

$0.30

+0.02%

0010.KLA+

IRIS Corporation Bhd

$0.22

+0.02%

0023.KLA+

IFCA MSC Bhd

$0.20

-0.02%

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Apple Inc.

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Adobe Inc.

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Frequently Asked Questions

Is Cerence Inc. (CRNC) halal to invest in?

Cerence Inc. (CRNC) 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 Cerence Inc. get a F compliance rating?

Cerence Inc. (CRNC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 42.2% (limit 30%); interest-bearing deposits of 0.7% (limit 30%); prohibited income of 1.83% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Cerence Inc.'s Shariah verdict?

Cerence 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 Cerence Inc. re-screened for Shariah compliance?

Cerence Inc. (CRNC) 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: Jul 18, 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.