What is VerifyMe, Inc.'s Shariah compliance score?

VerifyMe, Inc. (VRME) has a Shariah compliance score of 69/100 (Grade: B, Acceptable) based on AAOIFI screening standards. Scores above 70 typically indicate strong compliance. The score factors in business activity screening and financial ratio analysis including debt levels, interest-bearing deposits, and prohibited income percentages. View the full breakdown at HalalScreener.app.

Does VerifyMe, Inc. pass AAOIFI screening?

VerifyMe, Inc. (VRME) partially passes with caution 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% (VRME: 7.8%), (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 VerifyMe, 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 VerifyMe, Inc. (VRME) using the latest financial data.

Where can I screen VerifyMe, Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for VerifyMe, Inc. (VRME) 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 VRME's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

VRME: Is VerifyMe, Inc. Halal?

VerifyMe, Inc.

NASDAQIndustrialsUS

$0.73

+0.81%

Market Cap: 9.6M

Compliance Status

Doubtful

Screened on Aug 26, 2026 · AAOIFI Standard 21

Acceptable

69Score

Is VerifyMe, Inc. (VRME) halal? Doubtful. Based on AAOIFI screening, VerifyMe, Inc. passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 69/100 (Grade: B).

AvoidBorderlineClean

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%.

7.8% of 30.0% limit

What this means for you

You may own VRME, 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 VRME's prohibited income, but the exact share you would need to purify is part of Pro.

About VerifyMe, Inc.

VerifyMe, Inc. functions as a technology firm dedicated to forging connections between brands and consumers across the United States. The company offers a suite of distinct services, notably VerifyMe Engage, which empowers brand owners to collect crucial business intelligence and initiate customer engagement via an initial authentication check. Another primary offering is VerifyMe Authenticate, a comprehensive collection of patented tools. These include VerifyInk, an invisible ink; VerifyAuthenticator, a device that pairs with smartphones and the VerifyMe app to decode VerifyInk; VerifyLabel, which are specialized tamper-proof labels; and VerifyChecker, a handheld unit calibrated to identify the unique frequency of VerifyInk. Beyond these, VerifyMe supplies VerifyMe Track & Trace, an advanced solution for supply chain serialization and monitoring. This system employs visible dynamic codes, such as VerifyCode, linked to a cloud-based authentication and tracking platform. The company also confronts online counterfeiting through VerifyMe Online, providing technologies and services to tackle fake websites, unauthorized domains, fraudulent e-commerce platforms, and counterfeit product promotions on social media. VerifyMe, Inc. maintains a significant strategic alliance with INX International Ink Company. Established in 1999, the company, originally known as LaserLock Technologies, Inc., officially changed its name to VerifyMe, Inc. in July 2015 and is based in Rochester, New York.

Sector: Industrials · Industry: Security & Protection Services

Why This Stock Is Doubtful

Interest-bearing deposits are 29.3% of market cap, only 0.7 points below the 30% 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

AAOIFI Standard 21Updated Aug 26, 2026

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.

Fiscal: Q2 2026Data source: EDGAR

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Frequently Asked Questions

Is VerifyMe, Inc. (VRME) halal to invest in?

VerifyMe, Inc. (VRME) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.

Why did VerifyMe, Inc. get a B compliance rating?

VerifyMe, Inc. (VRME) received a grade of B (Acceptable) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 7.8% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change VerifyMe, Inc.'s Shariah verdict?

VerifyMe, 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 VerifyMe, Inc. re-screened for Shariah compliance?

VerifyMe, Inc. (VRME) 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.