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Shariah compliance overview

Doubtful

Everspin Technologies, Inc. (MRAM) is currently classified as Doubtful by Akinda Shariah screening (AAOIFI-aligned methodology).

About Everspin Technologies, Inc.

Everspin Technologies, Inc. is a global provider specializing in the development and distribution of advanced magnetoresistive random access memory (MRAM) products.

Everspin Technologies, Inc. (MRAM) operates in the Technology sector, in the Semiconductors industry.

Why it is not classified as halal: it does not pass these screens: Business Activity.

If you hold MRAM, give 6.77% of the dividends you receive to charity to purify the non-compliant share of its income.

Business Activity
10.64%Limit 5%Fail
Interest-bearing debt
0.00%Limit 30%Pass
Interest-bearing securities and assets
19.93%Limit 30%Pass
Dividend purification
6.77%Share of dividends to give to charityPurification calculator

Last updated: Nov 3, 2026 · Screening is informational and not a fatwa. Consult a qualified scholar for personal guidance.

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Frequently asked questions

Quick answers about Everspin Technologies, Inc. (MRAM). Current Akinda screening label: Doubtful.