Mynd.ai Inc

MYND

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Academic & Educational Services
USA
Micro Cap

Mynd.ai Inc is Shariah Compliant. It passes 2/5 Shariah standards we screen against.

-

Impure Income*

-

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Micro Cap
$0.00
0.00%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
-12.92%
-39.07%
0.91
1.13
0.00%

Shariah Compliance

Debt
100%
Non-Compliant Assets
Impure Income
0.00%
-

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
100%
Impure Income
0.00%
-

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
100%
Impure Income
0.00%
-

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
31.74%
Cash
13.85%
Cash & AR
32.11%
Impure Income
0.00%
-

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
31.74%
Cash
13.85%
Cash & AR
32.11%
Impure Income
0.00%
-

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
-

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Mynd.ai, Inc. is an interactive technology company offering hardware and software solutions that help organizations to create and deliver dynamic content; simplify and streamline teaching, learning, and communication; and facilitate real-time collaboration. The Company is focused on creating a digital communication and collaboration platform for the education, business, and public sectors. It operates through the eLMTree segment, which produces interactive displays and related accessories and teaching software primarily used in the education market in the United States of America, the United Kingdom, and Europe as well as parts of Asia and Africa. Its range of interactive flat-panel displays (IFPD) products include ActivPanel 10, ActivPanel LX and ActivPanel 9. Its Promethean ActivSuite, offers a platform for seamless, dynamic, and flexible learning and collaboration. Its Explain Everything Advanced is a Web-based lesson creation and delivery software platform.

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