What is Cyngn Inc.'s Shariah compliance score?

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

Does Cyngn Inc. pass AAOIFI screening?

Cyngn Inc. (CYN) 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% (CYN: 47.2%), (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. HalalScreener provides free AAOIFI screening for 6,200+ stocks at halalscreener.app.

How much purification is needed for Cyngn Inc. stock?

Muslim investors purify the portion of dividends and realized gains that comes from non-permissible income by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification computes the exact percentage and amount for Cyngn Inc. (CYN) using the latest financial data.

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

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Cyngn Inc. (CYN) and 5,100+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows the verdict, compliance grade, score, and debt ratio free. No credit card or signup required for basic screening; the full ratio breakdown is part of Pro. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CYN's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

CYN: Is Cyngn Inc. Halal?

Cyngn Inc.

NASDAQTechnologyUS

$1.06

+0.00%

Market Cap: 14.4M

Compliance Status

Not Halal

Screened on Aug 26, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

Is Cyngn Inc. (CYN) halal? Not Halal. Based on AAOIFI screening, Cyngn 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%.

47.2% of 30.0% limit

What this means for you

Most scholars advise not holding CYN

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Cyngn Inc.

Cyngn Inc. is a technology company specializing in autonomous vehicles (AVs), dedicated to creating advanced self-driving software solutions. Its primary offering, the Enterprise Autonomy Suite, is currently in development and consists of three main elements. First, DriveMod is a modular software designed to provide autonomous driving capabilities for industrial vehicles. Second, Cyngn Insight serves as a customer-facing platform, enabling users to oversee and manage their AV fleets while also aggregating and analyzing performance data. Lastly, Cyngn Evolve provides the internal tools and infrastructure essential for refining algorithms and models through artificial intelligence and machine learning training, alongside a comprehensive simulation framework that uses real-world data to validate new software releases. The company was founded in 2013 and operates from its headquarters in Menlo Park, California.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

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

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

BVCA+

BitVentures Limited

$10.80

-7.46%

0008.KLA+

Willowglen MSC Bhd

$0.29

+0.00%

0010.KLA+

IRIS Corporation Bhd

$0.22

-0.04%

0023.KLA+

IFCA MSC Bhd

$0.22

+0.00%

0036.KLA+

Key Alliance Group Bhd

$0.07

+0.00%

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Microsoft Corporation

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Apple Inc.

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Salesforce, Inc.

B+

ADBE

Adobe Inc.

Free · No credit card required

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Frequently Asked Questions

Is Cyngn Inc. (CYN) halal to invest in?

Cyngn Inc. (CYN) 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 Cyngn Inc. get a F compliance rating?

Cyngn Inc. (CYN) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 47.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Cyngn Inc.'s Shariah verdict?

Cyngn 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 Cyngn Inc. re-screened for Shariah compliance?

Cyngn Inc. (CYN) 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: Aug 26, 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.