What is Cerence Inc.'s Shariah compliance score?

Cerence Inc.'s (CRNC) compliance score is being calculated. Check HalalScreener.app for the latest AAOIFI screening results.

Does Cerence Inc. pass AAOIFI screening?

Cerence Inc. (CRNC) does not pass AAOIFI Shariah screening. AAOIFI requires: (1) no primary involvement in prohibited activities like alcohol, gambling, or conventional banking, (2) debt-to-market-cap below 30% (CRNC: 40.9%), (3) interest-bearing deposits below 30% (CRNC: 0.7%), and (4) prohibited income below 5% (CRNC: 1.8%). HalalScreener provides free AAOIFI screening for 10,000+ stocks at halalscreener.app.

How much purification is needed for Cerence Inc. stock?

Cerence Inc. (CRNC) has a non-permissible income ratio of 1.83%. Muslim investors should purify this percentage of any dividends received and capital gains realized from CRNC shares by donating it to charity. HalalScreener's purification calculator at halalscreener.app/en/purification automates this calculation using the latest financial data.

Where can I screen Cerence Inc. for Shariah compliance for free?

HalalScreener (halalscreener.app) offers free Shariah compliance screening for Cerence Inc. (CRNC) and 10,000+ other US-listed stocks, ETFs, and 100+ cryptocurrencies. The screening uses AAOIFI Standard No. 21 and shows all financial ratios transparently. No credit card or signup required for basic screening. HalalScreener also includes an AI Islamic Scholar for follow-up questions about CRNC's compliance across different madhabs (Hanafi, Shafi'i, Maliki, Hanbali, Ja'fari).

Is Cerence Inc. (CRNC) halal? Not Halal. Based on AAOIFI screening, Cerence Inc. passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

CRNC: Is Cerence Inc. Halal?

Not Halal

Cerence Inc.

NASDAQTechnologyUS

$10.80

+8.54%

AvoidBorderlineClean

About Cerence Inc.

Cerence Inc. specializes in developing and providing AI-driven virtual assistants tailored for the global mobility and transportation industry. The company's diverse portfolio includes both embedded (edge) software components and cloud-based solutions, along with relevant development toolkits, applications, and professional services to facilitate virtual assistant coexistence. These offerings are powered by sophisticated conversational artificial intelligence technologies, encompassing capabilities such as advanced speech recognition, natural language understanding, speech signal enhancement, text-to-speech functionalities, and acoustic modeling. Cerence Inc. is headquartered in Burlington, Massachusetts.

Sector: Technology · Industry: Software - Application

Shariah Compliance Status

AAOIFI Standard 21Updated Jun 12, 2026

Non-Compliant

Fails Shariah screening

0Score

Business Activity Screen

Passed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

Financial Ratio Screen

Failed

Financial ratios must be below AAOIFI thresholds

Debt / Market Cap40.9% / 30.0%

Compliance History

Not Halal, unchanged since Jun 2026.

No status changes recorded since we began tracking.

Tracked since Jun 2026. Updates automatically on each re-screen.

Screened: Jun 12, 2026Fiscal: Q2 2026Source: FMP

Financial Overview

Market Cap

488.0M

Price

$10.80

Sector

Technology

Industry

Software - Application

Halal Alternatives in Technology

This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:

UIA+

Ubiquiti Inc.

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Red Cat Holdings, Inc.

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Platinum Analytics Cayman Limited Class A Ordinary Shares

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Frequently Asked Questions

Is Cerence Inc. (CRNC) halal to invest in?

Cerence Inc. (CRNC) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.

Why did Cerence Inc. get a F compliance rating?

Cerence Inc. (CRNC) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 40.9% (limit 30%); interest-bearing deposits of 0.7% (limit 30%); prohibited income of 1.83% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.

What could change Cerence Inc.'s Shariah verdict?

Cerence Inc.'s verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.

How often is Cerence Inc. re-screened for Shariah compliance?

Cerence Inc. (CRNC) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jun 12, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.