Andrea Electronics Corp. engages in the design, development, and manufacture of digital microphone products and noise reduction software. The company is headquartered in Bohemia, New York and currently employs 8 full-time employees. The Company’s technologies eliminate unwanted background noise to enable the performance of various speech-based and audio applications. The company operates through two segments: Patent Monetization, and Andrea DSP Microphone and Audio Software Products. Patent Monetization includes Monetization Revenues. Andrea DSP Microphone and Audio Software Products primarily include products based on the use of some technologies: Andrea Digital Super Directional Array microphone technology (DSDA), Andrea Direction Finding and Tracking Array microphone technology (DFTA), Andrea PureAudio noise filtering technology, and Andrea EchoStop, an advanced acoustic echo cancellation technology. The company also manufactures a line of accessories for the consumer and commercial markets in the United States, Europe, and Asia.
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As of August 2026, Andrea Electronics Corp ANDR is classified as not covered according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Andrea Electronics Corp using these criteria to determine its compliance status.
Muslim investors may consider investing in Andrea Electronics Corp if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Andrea Electronics Corp by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Andrea Electronics Corp may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Andrea Electronics Corp on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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