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Is Arax Holdings Corp. Stock Halal?
Shariah Compliance Analysis of ARAT Stock
No. As of October 2026, Arax Holdings Corp. (ARAT) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Arax Holdings Corp. does not pass Musaffa's business and financial screening criteria.
Arax Holdings Corp. is a development stage company, which engages in the provision of software and logistics services. The company is headquartered in New York City, New York. The company went IPO on 2013-10-09. The firm offers Blockchain-as-a-Platform (BaaP) solutions, specializing in decentralized finance (DeFi), asset tokenization, ESG compliance, and enterprise blockchain integrations. Its solutions include Blockchain Solutions, Carbon Credits, Fintech and Risk Management, Smart Contract Development, RWA / RWP Tokenization, Government and Central Bank, Metaverse and Digital Twin, and Federated Artificial Intelligence (AI) and machine learning (ML). The firm empowers the decentralized technology through its BaaP vision, uniting cloud computing, AI, machine learning, predictive analytics, digital identity, digital assets, and Internet of Things (IoT).
ARAT Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Arax Holdings Corp. is classified as not halal.
NOT HALALArax Holdings Corp. (ARAT) Chart
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Financial Metrics & Statements of Arax Holdings Corp. (ARAT)
FAQ's for Arax Holdings Corp. (ARAT)
- As of October 2026, Arax Holdings Corp. ARAT is classified as not halal 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 Arax Holdings Corp. using these criteria to determine its compliance status.
- Muslim investors may consider investing in Arax Holdings 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 Arax Holdings 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 Arax Holdings 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 Arax Holdings Corp. on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Arax Holdings Corp. (ARAT)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.