Technology · Information Technology Services
Is ChronoScale Corporation (CHRN) Stock Halal?
Shariah Compliance Across 5 Standards — Live
Shariah Compliance Verdict — 5 Standards
AAOIFI (Shari'ah Standard 21)market-cap basis
Passes all applicable screens.
Dow Jones Islamic Marketmarket-cap basis
Passes all applicable screens.
FTSE Shariah (Yasaar)total-assets basis
debt/assets 62.0% > 33%
MSCI Islamictotal-assets basis
debt/assets 62.0% > 33%
S&P Shariahmarket-cap basis
Passes all applicable screens.
Live verdicts from the Halal Terminal screening engine, recomputed against the issuer's latest filings.
Plain-English Summary
Compliant under AAOIFI, DJIM, S&P (debt/MC 5.1%, well under their 30–33% caps), but fails FTSE, MSCI on debt/assets 62.0% > FTSE 33%, MSCI 33%.
Why Screeners May Disagree on CHRN
AAOIFI's two recognized ratio bases disagree for CHRN: the market-capitalization reading (per Shari'ah Standard 21 §3/4) is compliant, while the total-assets reading (used by FTSE/MSCI-style screeners) is non-compliant (debt/assets 62.0% > 30%). Apps using different bases will legitimately differ on this stock.
Business Activity Screen
Business activity is compliant.
Financial Ratios
Interest-bearing debt / market cap
AAOIFI ≤30% · DJIM/S&P <33% (trailing-avg MC)
5.1%
Cash & interest-bearing / market cap
AAOIFI ≤30% of market cap
0.0%
Debt / total assets
FTSE/MSCI <33.33% of total assets
62.0%
Cash & interest-bearing / total assets
FTSE/MSCI <33.33% of total assets
0.0%
Receivables + cash / total assets
FTSE <50% · MSCI ≤70%
3.3%
Interest income / revenue
≤5% across all methodologies
0.0%
Raw ratios from the latest filings — each methodology applies its own basis and thresholds (see the verdict box above for per-standard outcomes).
Purification
No purification required at material levels
The purification rate estimates the share of the company's income attributable to impure sources (primarily interest). Scholars recommend donating that share of any dividends or gains to charity. Use the terminal's purification calculator for exact amounts on your holding.
Compliance Watch
2026-05-05 · verdict-relevant (m and a)
Frequently Asked Questions
Is ChronoScale Corporation (CHRN) halal to invest in?
ChronoScale Corporation currently screens as Shariah-compliant on the Halal Terminal engine. The verdict is recomputed against the issuer's latest financial filings and all five major methodologies (AAOIFI, DJIM, FTSE, MSCI, S&P) — see the per-standard breakdown above. This is a data-driven application of published standards, not a fatwa.
Is CHRN compliant under AAOIFI?
Yes — CHRN passes the AAOIFI Shari'ah Standard 21 screens (30% debt and 30% interest-bearing deposits against market capitalization, 5% impure income). Note: the alternate total-assets reading differs — see the basis note above for why screeners may disagree.
Do I need to purify dividends from CHRN?
The current computed purification rate is 0.00% — the share of income attributable to impure sources that scholars recommend donating to charity.
Why do halal screening apps disagree about CHRN?
Different services apply different ratio bases (market capitalization vs total assets), different revenue classifications, and different data vintages. This page shows both AAOIFI readings side by side and classifies revenue segments explicitly so the source of any disagreement is visible.
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Disclaimer: This page is for educational and informational purposes only and does not constitute financial or religious advice. Verdicts and figures come from the Halal Terminal screening engine, computed from the issuer's public financial filings and refreshed regularly (last screened 2026-06-18). This is a data-driven application of published Shariah standards — not a fatwa. Consult a qualified Islamic finance scholar or advisor for personalised guidance.