Is Everspin Technologies, Inc. - Common Stock (MRAM) stock halal?

Is Everspin Technologies, Inc. - Common Stock stock halal? Everspin Technologies, Inc. - Common Stock (MRAM) is listed on NASDAQ Global Market and is covered in this site's broader research layer outside the tracked Sharia ETF set. Based on the business-activity and balance-sheet signals we could fetch, this company currently looks broadly compatible.

Current status

  • Ticker: MRAM
  • Exchange: NASDAQ Global Market
  • Status: Outside the tracked Sharia ETF stock set
  • Research signal: looks broadly compatible

Research factors

Sector: Technology

Industry: Semiconductors

Sector / industry does not obviously fall into the restricted categories we screen heuristically.

  • Debt level: Total debt / Market capitalization is 0.49%. This is compared against a 33.00% reference threshold.
  • Cash / liquidity proxy: Cash and cash equivalents / Market capitalization is 6.55% using a proxy value. This is compared against a 33.00% reference threshold.
  • Receivables level: Accounts receivable / Market capitalization is 1.21%. This is compared against a 33.00% reference threshold.
  • Interest income proxy: Interest income / Total revenue is 2.98% using a proxy value. This is compared against a 5.00% reference threshold.

What this means

This company is part of the broader listed-stock research layer rather than the tracked Sharia ETF stock set.

We surface business-activity, debt, cash, receivables, and interest signals for due diligence, without claiming a religious ruling.

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