What is Guardforce AI Co., Limited's Shariah compliance score?

Guardforce AI Co., Limited (GFAI) has a Shariah compliance score of 0/100 (Grade: F, Non-Compliant). AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%.

Does Guardforce AI Co., Limited pass AAOIFI screening?

Guardforce AI Co., Limited (GFAI) does not pass AAOIFI Shariah screening. AAOIFI Standard No. 21 requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30%, (3) interest-bearing deposits below 30%, and (4) prohibited income below 5%. GFAI's debt-to-market-cap is 59.8%.

How much purification is needed for Guardforce AI Co., Limited?

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 percentage and amount for Guardforce AI Co., Limited (GFAI) using the latest financial data.

Where can I screen Guardforce AI Co., Limited for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Guardforce AI Co., Limited (GFAI) and 8,200+ securities. US-listed stocks and ETFs are screened under AAOIFI Standard No. 21. Bursa Malaysia securities carry the Securities Commission Malaysia's official status. Coins are screened separately, under published scholarly opinion. The verdict is free, with no credit card or signup required for basic screening. The compliance grade, score, and debt ratio are free too; the full ratio breakdown is part of Pro.

GFAINot HalalF

Unlock full report, free

Compliance Status

Not Halal

Screened on Oct 5, 2026 · AAOIFI Standard 21

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Guardforce AI Co., Limited (GFAI) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 5, 2026. Source: https://halalscreener.app/en/stock/GFAI

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%.

59.8% of 30.0% limit

PRO DETAIL

The verdict above is final and free.

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

Card needed, nothing charged today

Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding GFAI

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

GFAI: Is Guardforce AI Co., Limited Halal?

Guardforce AI Co., Limited

NASDAQIndustrialsSG

$0.26

Market Cap: 5.7M

Screened on a market cap of 6.8M

Get an email if GFAI's halal status changes

We re-screen Guardforce AI Co., Limited daily. If the verdict moves, you hear about it the same day.

Free. One click sets it up, and you can unsubscribe any time.

About Guardforce AI Co., Limited

Based in Singapore and incorporated in 2018, Guardforce AI Co., Limited specializes in providing comprehensive cash management and secure currency handling services across Thailand. Their extensive portfolio encompasses secure cash transportation, oversight of automated teller machines (ATMs), and the operation of dedicated centers for processing cash and cheques. Additionally, they offer tailored solutions for cash deposit machines, covering both their management and expedited cash services. A diverse clientele benefits from their offerings, including domestic commercial banks, major retail chains, coin manufacturers, and various governmental bodies.

Sector: Industrials · Industry: Security & Protection Services

Why this does not pass

Interest-bearing debt is 59.8% of market cap, over the 30% AAOIFI limit.
Interest-bearing deposits are over the 30% 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 5, 2026

See which ratio caused the failure.

See the exact debt ratio, interest income %, and prohibited revenue that caused the failure. Know before you sell or hold.

Free for 7 days. Cancel anytime.

Card needed, nothing charged today

AI Compliance Insight

PRO

Institutional-grade Shariah analysis

Card needed, nothing charged today

See why GFAI is rated Not Halal with institutional-grade analysis

PRO DETAIL

The verdict above is final and free.

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

Card needed, nothing charged today

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: FMP

Halal Alternatives in Industrials

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

0064.KLA+

Efficient E-Solutions Berhad

$0.09

+0.00%

0122.KLA+

Advance Information Marketing Berhad

$0.05

+0.00%

0133.KLA+

Sanichi Technology Berhad

$0.10

+0.00%

0199.KLA+

Tri-Mode System (M) Berhad

$0.16

+0.00%

0217.KLA+

Powerwell Holdings Berhad

$1.20

+0.03%

More Industrials Stocks

GE Aerospace

A+

CAT

Caterpillar Inc.

RTX

RTX Corporation

UNP

Union Pacific Corporation

HON

Honeywell International Inc.

UPS

United Parcel Service, Inc.

Free · No credit card required

Know the day GFAI's verdict changes

A free account keeps watch on 3 stocks and emails you when a verdict moves. You also get 3 questions for the AI Scholar. No card needed.

Get Started Free Browse Screener

8,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Guardforce AI Co., Limited (GFAI) halal to invest in?

Guardforce AI Co., Limited (GFAI) 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 Guardforce AI Co., Limited get a F compliance rating?

Guardforce AI Co., Limited (GFAI) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 59.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Guardforce AI Co., Limited's Shariah verdict?

Guardforce AI Co., Limited'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 Guardforce AI Co., Limited re-screened for Shariah compliance?

Guardforce AI Co., Limited (GFAI) 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 5, 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.