PARANot HalalF
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Compliance Status

Not Halal

Screened on Oct 17, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates Banzai International, Inc. Class A (PARA) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 17, 2026. Source: https://halalscreener.app/en/stock/PARA

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%.

382.0% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding PARA

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

Banzai International, Inc. Class A

PARA: Is Banzai International, Inc. Class A Halal?

Banzai International, Inc. Class A

NASDAQTechnologyUS

$0.54

Market Cap: 1.8M

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About Banzai International, Inc. Class A

Banzai International, Inc., a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Banzai Operating Co., Inc; OpenReel; and Vidello. The company's software-as-a-service products include OpenReel, an AI-powered video creation platform to remotely record, edit, host, and share videos from any location; CreateStudio, a video animation and editing software for an intuitive drag-and-drop interface; and Vidello, a video hosting and marketing platform designed to help businesses manage, customize, and optimize their video content. It offers Demio, a browser-based webinar platform for businesses to businesses create, host, and manage both live and automated webinars; Boost, an add-on product integrated with Demio that helps customers increase webinar attendance by turning existing registrants into advocates; Reach, a targeted outreach tool that helps customers boost demand generation campaigns by connecting directly with ideal audience; and Curate by Banzai is an AI-driven newsletter platform designed to help brands to grow their audience through automated targeted newsletters. In addition, the company offers Photo Vibrance, transform static images into dynamic visuals; and Twinkle, enhance video content with royalty-free audio. It serves healthcare, financial services, e-commerce, technology, media, and other industries. Banzai International, Inc. was founded in 2015 and is based in Bainbridge Island, Washington.

Sector: Technology · Industry: Software - Application

Why this does not pass

  • Interest-bearing debt is 382.0% 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 17, 2026

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The verdict above is final and free.

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Screened according to AAOIFI Standard 21

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

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Frequently Asked Questions

Is Banzai International, Inc. Class A (PARA) halal to invest in?
Banzai International, Inc. Class A (PARA) 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 Banzai International, Inc. Class A get a F compliance rating?
Banzai International, Inc. Class A (PARA) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 382.0% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Banzai International, Inc. Class A's Shariah verdict?
Banzai International, Inc. Class A'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 Banzai International, Inc. Class A re-screened for Shariah compliance?
Banzai International, Inc. Class A (PARA) 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 17, 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.