
GNSS: Is Genasys Inc. Halal?
Genasys Inc.
$1.67
-0.60%
Market Cap: 76.1M
Compliance Status
Doubtful
Screened on Aug 26, 2026 · AAOIFI Standard 21
Good
Is Genasys Inc. (GNSS) halal? Doubtful. Based on AAOIFI screening, Genasys Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 70/100 (Grade: B+).
Business activity
What the company sells is permissible.
Company debt
Close to the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
You may own GNSS, with caution
Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.
Purification amount is Pro
We have screened GNSS's prohibited income, but the exact share you would need to purify is part of Pro.
About Genasys Inc.
Genasys Inc. designs, develops, and sells critical communications hardware and software solutions to alert, inform, and protect people principally in the Asia Pacific, North and South America, Europe, the Middle East, and Africa. The company operates through two segments, Hardware and Software. Its products include Genasys Protect Platform, a complete protective communications platform that provides protective communications tools for various hazards to provide targeted emergency communication, data-driven decision making, secure inter-agency collaboration, and others; Genasys ACOUSTICS that are clear voice messaging acoustic devices with software connectivity, solar power backup, and satellite backup to reach everyone when it matters; and Genasys Evertel, a secure compliant real-time inter- and intra-agency communication and collaboration software for law enforcement and public officials. The company sells its products directly to governments, militaries, end-users, and prime vendors. The company was formerly known as LRAD Corporation and changed its name to Genasys Inc. in October 2019. Genasys Inc. was incorporated in 1992 and is based in San Diego, California.
Sector: Technology · Industry: Communication Equipment
Why This Stock Is Doubtful
- Debt is 28.1% of market cap, only 1.9 points below the 30% AAOIFI limit
Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.
Shariah Compliance Status
Compliance History
Doubtful, unchanged since Aug 2026.
No status changes recorded since we began tracking.
Tracked since Aug 2026. Updates automatically on each re-screen.
More Technology Stocks
Track GNSS and 6,200+ stocks with AI insights
Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.
Frequently Asked Questions
Is Genasys Inc. (GNSS) halal to invest in?
Why did Genasys Inc. get a B+ compliance rating?
What could change Genasys Inc.'s Shariah verdict?
How often is Genasys Inc. re-screened for Shariah compliance?
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.