PRZONot HalalF
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Compliance Status

Not Halal

Screened on Oct 6, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

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

Quote this verdict

HalalScreener rates ParaZero Technologies Ltd. (PRZO) Not Halal, 0/100, grade F under AAOIFI Standard 21, screened Oct 6, 2026. Source: https://halalscreener.app/en/stock/PRZO

Business activity

What the company sells is permissible.

Passed

Company debt

Well clear of the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

1.2% of 30.0% limit
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Screened according to AAOIFI Standard 21

What this means for you

Most scholars advise not holding PRZO

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

ParaZero Technologies Ltd.

PRZO: Is ParaZero Technologies Ltd. Halal?

ParaZero Technologies Ltd.

NASDAQIndustrialsIL

$0.62

Market Cap: 15.9M

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About ParaZero Technologies Ltd.

ParaZero Technologies Ltd., an aerospace company, designs, develops, manufactures, markets, and sells autonomous parachute safety systems for commercial drones in the United States, Israel, Canada, Europe, and internationally. The company offers SafeAir system, a smart parachute system that monitors unmanned aerial systems flight in real-time, as well as identifies critical failures and autonomously triggers a parachute in the event of an emergency. Its autonomous parachute system portfolio includes SafeAir Mavic 2, SafeAir Mavic 3, SafeAir Anzu Raptor, SafeAir M-300 Pro, SafeAir 350 Pro, SafeAir V1EX, SafeAir eVTOL, and Custom Integrations. It also offers DefendAir technology, including DefendAir Drone/FPV and Personal DefendAir Gun; and the DropAir Precision Airdrop System. The company sells directly to customers through system manufacturers, resellers, and online stores. ParaZero Technologies Ltd. has a strategic collaboration with BON V Aerospace and XTEND Reality Expansion Ltd. The company was incorporated in 2013 and is headquartered in Kfar Saba, Israel.

Sector: Industrials · Industry: Aerospace & Defense

Why this does not pass

  • Income from prohibited sources is over the 5% 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 6, 2026

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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
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Frequently Asked Questions

Is ParaZero Technologies Ltd. (PRZO) halal to invest in?
ParaZero Technologies Ltd. (PRZO) 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 ParaZero Technologies Ltd. get a F compliance rating?
ParaZero Technologies Ltd. (PRZO) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 1.2% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change ParaZero Technologies Ltd.'s Shariah verdict?
ParaZero Technologies Ltd.'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 ParaZero Technologies Ltd. re-screened for Shariah compliance?
ParaZero Technologies Ltd. (PRZO) 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 6, 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.